Question

What is External Commercial Borrowings?

A A loan availed by a non-resident entity from an Indian lender Correct Answer Incorrect Answer
B A loan availed by an Indian entity from a non-resident lender Correct Answer Incorrect Answer
C A loan availed by an Indian entity from a domestic lender Correct Answer Incorrect Answer
D A loan availed by a non-resident entity from a domestic lender Correct Answer Incorrect Answer
E None of the above Correct Answer Incorrect Answer

Solution

External Commercial Borrowings is a loan availed by an Indian entity from a nonresident lender.

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