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
In a certain code language, ‘FISH’ is coded as ‘6482’ and ‘SANE’ is coded as ‘7691’.
What is the code for ‘S’ in the given co...
Ringworm : Skin :: Tapeworm : ?
Which is the correct one to replace the question mark?
Question Figures
Find the odd image out in the given series
‘A @ B’ means ‘A is the wife of B’
‘A = B’ means ‘A is the brother of B’
‘A # B’ means ‘A is the son of B’
...
Select the letter triad from the given options which follows the same relation as shown below.
(LNQ, PRU, TVY)
Which two signs should be interchanged to make the below equation mathematically correct?
7 – 3 + 6 × 4 ÷ 2 = 25
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at variance...
In a class of 35 students, Kunal is placed seventh from the bottom whereas Sonali is placed ninth from the top. Pulkit is placed exactly in between the...
Select the option that is related to the third letter-cluster in the same way as the second letter-cluster is related to the first letter-cluster.
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