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    Question

    The Reserve Bank has raised the minimum capital

    requirement for setting up ARCs to ______ crore?
    A Rs 200 crore Correct Answer Incorrect Answer
    B Rs 300 crore Correct Answer Incorrect Answer
    C Rs 400 crore Correct Answer Incorrect Answer
    D Rs 100 crore Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    From the present ARC value of Rs 100 crore, the bank has raised the minimum net owned fund (NOF) requirement to Rs 300 crore by the year 2026

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