In order to promote domestic capital goods manufacturing industry, Specific Export Obligation under EPCG scheme, in case capital goods are procured from indigenous manufacturers, has been reduced from 90% to ______________
| A. | 50% |
| B. | 60% |
| C. | 75% |
| D. | 80% |
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Option: C Explanation : Click on Discuss to view users comments. |
International banking dealing with non-residents only and not in the currency of the country where they are located is called ____________
| A. | Non-resident Banking |
| B. | Offshore Banking |
| C. | Euro Currency Banking |
| D. | London Discount House |
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Option: B Explanation : Click on Discuss to view users comments. |
| A. | Insurance Companies |
| B. | Export Credit Guarantee Corporation |
| C. | Reserve Bank of India |
| D. | Export Development Authorities |
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Option: B Explanation : Click on Discuss to view users comments. |
