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.
Which of the following has recently been added to the UNESCO list of intangible cultural heritages of humanity
In case of mutually exclusive projects and when NPV and IRR giving conflicting results, go for the project having higher IRR
When is Indian Organ Donation Day observed to promote awareness about organ donation and commemorate the generosity of donors?
Which instrument is predominantly used in the music of the Bauls?
RBI can issue any amount of notes on the basis of reserves maintained in the form of
Which country is also known as the land of pagodas?
Who was the first Indian bodybuilder to win the Mr.Universe title?
Nahar Wildlife Sanctuary is located in which state of India?
Which Indian city will soon get its first robocop?
Which of the following is not a member of SAARC (South Asian Association for Regional Corporation)?
