question_answer

In the recent times the RBI and the Securities & Exchange Board of India (SEBI) have taken various steps to control the flow of capital in India economy. Which of the following is/are NOT included in this/ these step(s)? [BOM 2008]

[a] Guidelines have been issued to restrict unregulated overseas investors through "P-notes".

[b] Rs. 60,000 crore out of this fund is being provided to waive the loans on farmers.

[c] Borrowers raising external commercial borrowings of over $20 million would have to park the proceeds overseas for use as foreign currency expenditure.

A)  Only [a]                       

B)  Only [b]

C)  Only [c]                       

D)  Both [a] & [c]

E)  All [a], [b] & [c]