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Question

General Knowledge Question on India’s Foreign Policy

Many times we read in the newspaper that several companies are adopting the FCCBs route to raise capital. What is the full form of FCCB?

A

Foreign Currency Convertible Bonds

B

Foreign Convertible Credit Bonds

C

Financial Consortium and Credit Bureau

D

None of these

Answer

Foreign Currency Convertible Bonds

Explanation

Solution

The correct option is (A): Foreign Currency Convertible Bonds