Economics · External Sector
External Commercial Borrowings (ECBs) are considered alternate finance sources because they allow:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Domestic deposit mobilisation
- 2Cross-border borrowing by Indian entities✓
- 3Fiscal deficit financing
- 4Currency issuance
Correct answer
Cross-border borrowing by Indian entities
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