Home › CBSE Class 11 (Commerce) › Business Studies › Sources of Business Finance › FCCBs are equity linked debt securities issued i…
FCCBs are equity linked debt securities issued in what?
AIndian rupees
BA foreign currency
CGold bullion
DPlain shares
Answer & Solution
Correct answer: B. A foreign currency
Foreign currency convertible bonds are issued in a foreign currency and convert to equity later.
Related questions
Which is true of the choice of a source of funds?Short-term financing mostly funds which kind of asset?Besides finance, development institutions also provide what?Financial institutions mainly meet which type of requirements?Government financial institutions are also called what?Before sanctioning a loan, a commercial bank requires the borrower to do what?A bank loan does not need which formality?A merit of bank loans is that business secrecy is what?