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
D. Union Ministry of Finance
Answer: Option C
This Question Belongs to Commerce >> Banking And Financial Institutions
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The coverage of Right to Information Act (RTI), 2005 is:
A. Whole of India
B. Whole of India, except North Eastern States
C. Whole of India, except the State of Jammu & Kashmir
D. None of the above
Second generation reforms in our country do not comprise of which one of the following?
A. Exploiting the knowledge based global economy
B. Growing Indian transnational corporations
C. Population control measures
D. Clean environment
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