Question
Under the SARFAESI Act, what is the minimum net-owned
funds (NOF) required for an ARC to operate?Solution
Under the SARFAESI (Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest) Act, 2002, the minimum net-owned funds (NOF) required for an ARC to operate is ₹300 crore. This requirement ensures that ARCs have sufficient financial capacity to acquire distressed assets and carry out recovery operations effectively. The NOF requirement is set by the Reserve Bank of India (RBI) to ensure that the ARC has adequate financial strength and stability
Barash is similar to the hindu festival Diwali, which is celebrated by which of following tribes?Â
The main component of compressed natural gas (CNG) is
Who among the following was conferred with the Best Actor award at the Dadasaheb Phalke International Film Festival in February 2020?
The New Development Bank is also referred to as ______ bank?
Which institute received the Africa Food Prize 2021, for the Tropical Legumes Project that has improved income and food production in sub-Saharan Africa?
With which country’s small and medium enterprise department has India’s MSME ministry recently collaborated?
CAMPA fund is regulated by which one of the following Ministries?
4 districts of Uttarakhand with the lowest forest percentage are in increasing order:
National Statistical Office (NSO) has released the estimates of national accounts. The GDP growth rate projection as per NSO for 2021-22 (FY22) is given...
