Money from India Inc jumped more than 4 times

Q.  Money raised by India Inc from corporate markets was how much during the first 8 months of the current fiscal, as per GoI data?
- Published on 14 Dec 15

a. INR 18,259 crore
b. INR 17,259 crore
c. INR 16,259 crore
d. None of the above

ANSWER: INR 18,259 crore
 
Money raised by India Inc from capital markets rose by more than 4 times to INR 18259 crore during the first 8 months of the current fiscal, according to GoI data released in the Parliament. Around INR 3972 crore was raised by 41 companies in April to November of the previous fiscal, 2014-2015.

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