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Directions: In the questions given below, a blank has been provided for each and needs to be filled with the appropriate word. Choose the best option among the given ones.
The Reserve Bank of India has further liberalised the norms for external commercial borrowing (ECB) that will allow Indian companies to access _______ funds from overseas markets.
Cheaper
Dearer
Expensive
Poor
Ordinary
If the RBI has eased ECB norms, it would lead to borrowing on cheaper rates. The other options do not fit in. Dearer and expensive are opposite of what is needed. Poor and ordinary are both irrelevant here. Hence, option A is correct.
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