Question

Which of the following is incorrect about FFCB (Foreign Currency Convertible Bond)?
i. Issued by an Indian listed company in overseas market.
ii. It’s a debt instrument
iii. FCCBs appear on the liabilities side of the issuing company's balance sheet.

A 1) Only i
B 2) Only i & ii
C 3) Only i & iii
D 4) Only ii
E 5) None of these
Practice Next

Hey! Ask a query