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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
What is the primary objective of the Public-Private Partnership (PPP) Beginner’s e-Course launched by the World Bank in collaboration with the Departm...
Recently the Reserve Bank of India has imposed penalty on how many cooperatives banks?
Consider the following statement aboutAvian Influenza (H9N2):
1. Recently, there is an outbreak of human cases of avian influenza virus (H9N2) ...
Which Indian player won the gold medal in the Under-20 Asian Athletics Championships?
India and Asian Development Bank have signed a $125 million loan agreement to improve urban services in which of the following states?
RBI has released a list of NBFCs placed under the upper layer under the scale based regulations.With respect to the information provided, which of the f...
__________ was crowned the winner of the 11th Junior National Men's Hockey Championship following a 3-1 victory over Chandigarh in the final.
What is the theme of the fifth edition of "Jal Shakti Abhiyan: Catch the Rain" campaign?
UP set to get its third international cricket stadium at which place?
Orbital Rail Corridor has been launched in which state of India?