MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Business Studies

Advantages of e-Banking

External Comm...

Question

External Commercial Borrowings (ECBs) form part of _______.

A

current account

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

capital account

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

C

either A or B

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

balance of payments

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is B capital account
External commercial borrowings (ECBs) refers to the loans made by non-resident lenders in foreign currency to Indian borrowers. They are used widely in India to facilitate access to foreign money by Indian corporations and undertakings. It forms a part of capital account as it is a borrowed fund for business purpose.

Suggest Corrections

thumbs-up

0

Similar questions

Q. A family made a down payment of

75 a n d b o r r o w e d a s e t o f e n c y c l o p e d i a s t h a t c o s t

400. The balance with interest was paid in 23 monthly payments of

16 e a c h a n d a f i n a l p a y m e n t o f

9. What was the per cent of interest to the borrowed sum?

Q. Which of the following sections is not a part of the balance of payments?

Q. Q. With reference to the Balance of Payments, which of the following statements is/are correct?

1. Positive balance of payments will lead to depreciation in the value of Indian rupee.
2. Tensions in the Middle East will lead to a negative balance of payment in India.
3. Increase in external commercial borrowings will improve the balance of payment.

Select the correct answer using the code given below:

Q. भुगतान संतुलन के संदर्भ में, निम्नलिखित में से कौन-सा / से कथन सही है / हैं?

1. भुगतान के सकारात्मक संतुलन से भारतीय रुपये के मूल्य में मूल्यह्रास होगा।
2. मध्य पूर्व में तनाव भारत में भुगतान के नकारात्मक संतुलन को जन्म देगा।
3. बाहरी वाणिज्यिक उधारी में वृद्धि से भुगतान संतुलन में सुधार होगा।

नीचे दिए गए कूट का उपयोग करके सही उत्तर चुनें:

Q. In the context of Balance of Payment (BoP), which of the following form a part of internationally acceptable assets?

Q43) ECB (external commercial borrowings) instrument cannot be used by

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Business Services - Banking

BUSINESS STUDIES

Watch in App

explore_more_icon

Explore more

Advantages of e-Banking

Standard XI Business Studies

Join BYJU'S Learning Program

CrossIcon