New SIDBI Grade A New Batch Starts on Nov 18

    Register

    Question

    What incentives are provided for LCs with surplus debt securities borrowings exceeding 25% of qualified borrowings for FY "T+2"?

    A Reduction in annual income tax Correct Answer Incorrect Answer
    B Reduction in annual listing fees and credit Correct Answer Incorrect Answer
    C Extension of loan repayment periods Correct Answer Incorrect Answer
    D Access to government grants Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    LCs with surplus debt securities borrowings may receive incentives such as a reduction in annual listing fees and credit in the form of reduced contribution to the Core Settlement Guarantee Fund (SGF) for FY "T+2".

    Practice Next