Question
As per the guidelines issued by the Reserve Bank of
India in June 2021, each NBFC-MFI is required to maintain not less than ______ of its net assets as 'qualifying assets.Solution
Minimal Net possessed finances( NOF) of Rs. 5 crores. ( For those registered in the North Eastern Region of the country, Rs. 2 crores is needed as minimal NOF). At least 85 of its Total Net means are in the nature of Qualifying means. An NBFC, not qualifying as an NBFC MFI, isn't to extend loans to the micro-finance sector, which, in total, is further than 10 of its total means.
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The arrests are a major source of embarrassment for the ruling Government which has been facing heavy criticism from student bodies (A)/as well as the O...
One should read the newspaper daily to keep to the news.
Speaker of the Lok Sabha said that unlike the House was in order he would not allow a discussion.
Several ministers have been expected to meet the people tomorrow.
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Select the most appropriate phrase to replace the underlined phrase in the given sentence to make it grammatically correct. Select 'No correction requ...
In the question below, a sentence is provided, with one word highlighted in bold. Three pairs of words is given, out of which only one word of each pai...
Of the four given options, choose the most appropriate one.
The burden of fixed monthly charges and fuel cost adjustment will be born by state government