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    Question

    What is the minimum asset size required for an NBFC to

    be classified as a тАШSystemically Important NBFCтАЩ in India?
    A тВ╣100 Crores Correct Answer Incorrect Answer
    B тВ╣250 Crores Correct Answer Incorrect Answer
    C тВ╣500 Crores Correct Answer Incorrect Answer
    D тВ╣1,000 Crores Correct Answer Incorrect Answer
    E тВ╣5,000 Crores Correct Answer Incorrect Answer

    Solution

    According to RBIтАЩs NBFC classification, an NBFC is considered systemically important if its asset size is тВ╣500 crores or more. These NBFCs are subject to stricter regulatory requirements due to their potential impact on financial stability.

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