Question
As per RBI’s scale-based regulations, what will be the
minimum Net Owned Funds (NOF) requirement for an NBFC-MFI (excluding those in the North Eastern Region) by March 31, 2025?Solution
Under RBI’s Scale-Based Regulatory Framework for NBFCs, the minimum Net Owned Fund (NOF) requirements have been enhanced to strengthen the capital base of NBFCs. • For NBFC-MFI, NBFC-ICC, and NBFC-Factors, the NOF requirement is being raised in a phased manner. • By March 31, 2025, the regulatory minimum NOF will be ₹10 crore (except for entities registered in the North Eastern Region, where the requirement is lower at ₹5 crore). • This measure is aimed at ensuring greater resilience and financial stability in the NBFC sector.
Which of the following sentences is correct?
In the following questions, out of the four alternatives, choose the one which best expresses the meaning of the given word as your answer.
E...
Select the most appropriate antonym of the given word.
Derision
Choose the word that means the same as the given word.
Obligation
PESSIMIST
Choose the synonym of the given word.
ESOTERIC
A state of absence of law.
- In each of the following questions, a pair of words is given. This pair is followed by four other pairs, one of which has a relationship most similar to th...
Copying someone else’s work and trying to submit it as your own
A group of ships