If NHAI could receive a total of Rs. 9695 crores as External Assistance, by what percent (approximately) should it increase the Market Borrowing to arrange for the shortage of funds?
A
4.5%
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B
7.5%
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C
6%
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D
8%
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Solution
The correct option is C 6% Shortage of funds arranged through External Assistance = Rs.(11486 - 9695) crores = Rs. 1791 crores. ∴ Increase required in Market Borrowing = Rs. 1791 crores. Percentage increase required =(179129952×100)%=5.98%≈6%