Q428
Which of the following bodies tightened the norms for foreign exchange risk cover in India mentioning that only companies with a net worth of Rs. 200 crore can use derivatives to hedge against risk of volatility in currency rates?
A.
IMF
B.
SEBI
C.
Reserve Bank of India
AnswerD.
Union Ministry of Finance
Answer: Option C
Solution
Answer: Option C
No explanation is given for this question Let's Discuss on Board