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.
As per which convention, trivial transactions can be ignored?
Calculate the current Ratio from the above data:
Which of the following enactment has not been amended by IFSCA Act?
What is the insurance cover provided under the 'Pradhan Mantri Garib Kalyan Package: Insurance Scheme for Health Workers Fighting COVID-19'? Â
Which of the following behaviors is NOT typically associated with transformational leadership? Â
Which of the following publishes the World Investment Report?
Which of the following bank holds 10% state in Brickwork Ratings?
What is the meaning of Inter-Operable Regulatory Sandbox (IoRS)?
What is the Debt Service Coverage Ratio (DSCR) used for in project finance?
What is the revised timeline for Credit Information Companies (CICs) to ingest credit information data from Credit Institutions (CIs), effective Januar...
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