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      Question

      What incentives are provided for LCs with surplus debt

      securities borrowings exceeding 25% of qualified borrowings for FY "T+2"?
      A Reduction in annual income tax Correct Answer Incorrect Answer
      B Reduction in annual listing fees and credit Correct Answer Incorrect Answer
      C Extension of loan repayment periods Correct Answer Incorrect Answer
      D Access to government grants Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      LCs with surplus debt securities borrowings may receive incentives such as a reduction in annual listing fees and credit in the form of reduced contribution to the Core Settlement Guarantee Fund (SGF) for FY "T+2".

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