Question
In January 2022, RBI came out with Registration of
Factors (Reserve Bank) Regulations 2022. As per the regulations, every company seeking registration as NBFC-Factor shall have a minimum Net Owned Fund (NOF) of Rs. _______, or as specified by RBI from time to timeSolution
In January 2022, RBI came out with Registration of Factors (Reserve Bank) Regulations 2022. The regulations state that every company seeking registration as NBFC-Factor shall have a minimum Net Owned Fund (NOF) of Rs.5 crore, or as specified by the Reserve Bank from time to time. Any existing NBFC-ICC (Investment Credit Company), intending to undertake factoring business, shall make an application to the Reserve Bank for grant of CoR (Certificate of Registration) under the Act if it satisfies the following eligibility criteria: (a) not accepting or holding public deposits; (b) total assets of ₹1,000 crore and above, as per the last audited balance sheet; (c) meeting the NOF requirement as stated above; (d) regulatory compliance.
Which of the following is biennial weed?
The microbial enzyme fungal lactases are used in the dairy industry while manufacturing milk products to:
Which of the following act as a regulator of agricultural produce market?
Which of the following statements is INCORRECT with respect to microbial enzymes:
What is the cause of the "Little leaf" disorder in cotton?
Which cotton species is recognized as "American cotton" or "Upland cotton" and has an allelotetraploid chromosome number?
Which grain can a gluten intolerant person safely consume?
Under Kingdom Plantae, which division comprises of organisms which have chlorophyll-bearing, simple, thalloid, undifferentiated body?
Which of the following weed is used as a green vegetable?
Term used to the organism genetic composition having two identical allele for a trait