Question
Which of the following NBFCs will be appointing the
internal Ombudsman as per the recent guidelines of RBI?Solution
As per the recent guidelines by RBI NBFCs fulfilling the following criteria as on date would be required to appoint the IO: a) Deposit-taking NBFCs (NBFCs-D) with 10 or more branches. b) Non-Deposit taking NBFCs (NBFCs-ND) with asset size of Rs.5,000 crore and above and having public customer interface. The following types of NBFCs will be excluded from the applicability of this direction: a) Stand-alone Primary Dealer; b) Non-Banking Financial Company - Infrastructure Finance Company (NBFC-IFC); c) Core Investment Company (CIC); d) Infrastructure Debt Fund - Non-Banking Financial Company (IDF-NBFC); e) Non-Banking Financial Company β Account Aggregator (NBFC-AA); f) NBFC under Corporate Insolvency Resolution Process; g) NBFC in liquidation; h) NBFC having only captive customers.
Deter
The Cabinet members and those invited to attend the special session were taken into confidence (A) about the threatening (B) document letter that the p...
Choose the word that is closest in meaning to the given word.
Word: Ameliorate
- Select the most appropriate synonym of the word in brackets to fill in the blank.
The teacherβs voice was so ________ that it put half the class ... The cultivation of grapevines
Choose the correct synonym of the word - Lethargy
Choose the one which best expresses the meaning of the given word .
Clandestine
Wily
PESSIMIST
spiny-skinned invertebrates that are found on the ocean floor