FCCB - Banking awareness questions on current affairs

1)   What is the full form of FCCB?

a. Foreign Currency Convertible Bond
b. Foreign Currency Convertible Bank
c. Foreign Currency Convertible Board
d. Foreign Convertible Currency Board
Answer  Explanation 

ANSWER: Foreign Currency Convertible Bond

Explanation:
Corporates issue Foreign Currency Convertible Bonds (FCCBs) to raise money in foreign currencies.

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