Question
The asset size of a non-banking finance company should
be _____________ or more in order for it to be identified as a systemically important NBFC.Solution
NBFCs in India provide most of the banking services without meeting the legal requirements of a banking company. Such organizations are registered as per the provisions of the Companies Act 1956. NBFCs whose asset size is Rs 500 crores or more are mainly identified as the systemically important NBFCs in the country.
Which of the following is true with respect to the Risk based supervision (RBS) for banks done by RBI?
Which category do Bad debt fall under?
Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman approves the final Sovereign Green Bonds framework of India. This approval will f...
Which category of operational risk events encompasses losses from KYC and guideline breaches?
Which of the following is not correct about budgeting?
Under the National SC-ST Hub Scheme, what is the reimbursement rate for membership in government-promoted e-commerce portals?
What does ‘C’ in LCR stand for?
Consider the following statements about the budget estimates of fiscal year 2023-24.
1. The share of subsidies is more than the share of defen...
In the context of Cash Credit (CC) facilities, what does the term 'Drawing Power' refer to?
Compute the Total Assets to Debt Ratio from the following information:
Share Capital: ₹12,00,000
Reserves and Surplus: ₹8,00,000
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