Multiple choice

As per the reports published in the newspapers, the Reserve Bank of India recently raised the borrowing limit of oil companies from present 15% to

  1. 20%

  2. 25%

  3. 30%

  4. 35%
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

In 2008, the Reserve Bank of India increased the borrowing limit for oil marketing companies to help them manage the rising global oil prices.

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