Current Affairs - July 2022
As per the RBI's liberalised norms, what is the new limit of External Commercial Borrowing (ECB) under the automatic route?
The measures include easing norms for FPI investment in the debt market, and increasing the External Commercial Borrowing (ECB) limit under the automatic route from USD750 million or its equivalent per financial year to USD 1.5 billion.
China launched the second of three modules to its permanent space station, in one of the final missions needed to complete the orbiting outpost by year's end.