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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.
If D = 4 and NEWS = 61, then LOWER =
Onion: Cauliflower :: Turmeric : ?
Four number-pairs have been given, out of which three are alike in some manner and one is different. Select the number-pair that is different.
A series is given with two terms missing. Choose the correct alternatives from the given ones that will complete the series.
65, 72, 58, 79, ...
How many dots lie opposite the face having six dots, when the given figure is folded to form a cube?
In a certain code language ‘TARGET’ is written as ‘QASSEF’ and ‘BANNED’ is written as ‘MAACEM’. How is ‘SHARED’ written in that code...
Who lives on 4TH floor?
Find the odd one out.
Which of the following letter-clusters should replace # and % so that the pattern and relationship followed between the letter-cluster pair on the left...
If first we arrange all the vowels of the word ' MESSANGER ' and then all the consonants as per English alphabetical order (from left to right), then wh...