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    Question

    As per the proposed changed in the ECB Framework, the

    outstanding ECB limit is to be _______
    A higher of USD 750 million or 3x of net worth Correct Answer Incorrect Answer
    B higher of USD 1 billion or 3x of net worth Correct Answer Incorrect Answer
    C higher of USD 750 million or 2x of net worth Correct Answer Incorrect Answer
    D higher of USD 1 billion or 2x of net worth Correct Answer Incorrect Answer
    E higher of USD 750 million or 1.5 of net worth Correct Answer Incorrect Answer

    Solution

    RBI proposes to enhance the Limit on ECB - Absolute Limit on outstanding ECBs increased to higher of USD 1 billion or 3x of net worth (3x limit includes domestic borrowings) from the present limits of USD 750 mn per FY.┬а Financial sector entities not subject to the cap.┬а Borrowing limits are proposed to be linked to a borrowerтАЩs financial strength.┬а

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