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      Question

      What is the minimum asset size required for a company to

      be classified as a Core Investment Company (CIC) in India?
      A Rs 50 crore Correct Answer Incorrect Answer
      B Rs 75 crore Correct Answer Incorrect Answer
      C Rs 100 crore Correct Answer Incorrect Answer
      D Rs 150 crore Correct Answer Incorrect Answer
      E Rs 200 crore Correct Answer Incorrect Answer

      Solution

          A CIC must have an asset size greater than Rs 100 crore and hold at least 90% of its net assets in investments within group companies.

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