If RBI allows unlisted companies incorporated in India to raise capital abroad without the requireme...........

Economic Affairs Balance of Payments

If RBI allows unlisted companies incorporated in India to raise capital abroad, without the requirement of prior or subsequent listing in India. Which of the following is a motive behind the move?

To make unlisted companies more competent.

Would help in easing pressure on Current Account Deficit.

Accelerate growth of unlisted companies.

None of the above

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Explanation:

Second option is correct.

RBI allowed unlisted companies incorporated in India to raise capital abroad, without the requirement of prior or subsequent listing in India which will help in easing pressure on Current Account Deficit.