Exam Question
If a project has Effective Rate of Protection (ERP) of 38% and if the Exchange Rate is Rs.40 to a Dollar, then the Domestic Resource Cost (DRC) of the project is
- 1. Rs. 55.00
- 2. Rs. 67.00
- 3. Rs. 55.20
- 4. Rs. 53.20
- 5. Rs. 15.20
View Answer
Answer 4. Rs. 53.20
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