Question
The ceiling for declaration of dividend (dividend payout
ratio) for NBFCs who do not accept public deposits and funds is _______.Solution
The guidelines for declaration of dividend shall be applicable to all NBFCs regulated by RBI as below: (a) Applicable NBFCs as defined in Paragraph 2(2) of Non-Banking Financial Company - Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions, 2016; and (b) Applicable NBFCs as defined in Paragraph 2(2) of Non-Banking Financial Company – Non-Systemically Important Non-Deposit taking Company (Reserve Bank) Directions, 2016. These guidelines shall be effective for declaration of dividend from the profits of the financial year ending March 31, 2022 and onwards.
The allocation towards health and well-being was increased by ______ over the previous year in Union Budget 2021-22.
The payment System Operator is an authorized party that is registered under the Companies Act, 1956 or the Companies Act, 2013 that undertakes the oper...
Which among the following is an agricultural festival of Arunachal Pradesh and celebrated by the Galo tribe?
Which of the following is NOT a function of mesosomes?
Which of the following was the first B vitamin discovered in 1897 that is essential in amino acid and carbohydrate metabolism and is active in energy pr...
Our brain mainly depends on which of the following food?
Who has been recognized as the National Icon by the Election Commission of India (ECI)?
Under the "Indira Gandhi Pyari Behna Sukh Samman Nidhi Yojana," what monthly aid will be provided to women above 18 years of age in Himachal Pradesh?
Which of the following is NOT a rich source of Calcium?
With reference to Indian Polity, what does the abbreviation CAA stand for?