Question
What is the minimum Net Owned Fund required for a Asset
Reconstruction Company?Solution
Net Owned Fund (NOF) for ARCs shall be minimum Rs.100 crore on an ongoing basis with effect from April 28, 2017. Accordingly, no ARC shall commence or carry on the business of securitization or asset reconstruction without having NOF of not less than Rs.100 crore.
"It's not a good idea to kick the can down the road and let the next generation solve the global warming problem."
Choose the correct option showing the meaning of the Idiom highlighted in the given sentence
My boss is always on the ball.
...In each of the following questions, an idiomatic expression/a proverb has been Highlighted – followed by four alternatives. Choose the one which best...
Mark the correct meaning of the Idioms given below-
To take to one's heels
Whoop it up
An idiom is used in three sentences. You need to choose the option that correctly identifies the sentence(s) in which the idiom has been used appropria...
An idiom is used in three sentences. You need to choose the right option that covers the correct usage amongst these three sentences.
PAY LIP ...
In the following question, three statements have been given, and a phrase/idiom has been highlighted in each of them. Identify the statement(s) in whic...
You are required to identify the words that are contextually similar to the phrase given in bold and mark that as your answer. If none of the options ...
To move heaven and earth
