RBI issues clarifications on hedging for ECBs

The Reserve Bank of India (RBI) has issued the Clarifications on hedging for External Commercial Borrowings (ECB). The Clarifications were issued under section 10(4) and 11(1) of the Foreign Exchange Management Act, 1999.

So, let’s discuss some questions related to this post:
Q1. What is the full form of ECB?
Q2. Under which section, The Reserve Bank of India has issued the Clarifications on hedging for ECB? 
Answer:1. External Commercial Borrowings
Answer:2: under section 10(4) and 11(1) of the Foreign Exchange Management Act, 1999.

Source – The Hindu
×

Download success!

Thanks for downloading the guide. For similar guides, free study material, quizzes, videos and job alerts you can download the Adda247 app from play store.

[adda247_lead_form]

Leave a comment

Your email address will not be published. Required fields are marked *