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.
Select the option that expresses the given sentence in indirect speech.
My uncle said, “ Just my luck! I’ve missed the bus again.”
Select the correct direct form of the given sentence.
Raveena asked me if I had her maid’s number.
- Choose the option that is the correct indirect form of the given sentence.
She said to him, "Do you know the way to the station?"
... The teacher advised me that I should practice as much as I can if I wanted to score 100% marks in Mathematics.
Select the most appropriate indirect form of the given sentence.
Anshul said to Vibha, “We will shift all the furniture to the new house.”
Select the most appropriate indirect form of the given sentence.
She said, "I can't come to the party on Saturday."
Select the option that expresses the given sentence in direct speech.
My grandfather wished that God should give me success in my new venture....
Ramesh asked me to bring him a glass of water.
Anand requested to me to wait there till he returned.
His behaviour embarrasses me.
