Answer-As per the Scale-Based Regulation (SBR) framework, NBFC-IFC, is classified under:

NBFC-D, CIC, NBFC-IFC and HFC will be included in Middle Layer or the Upper Layer and not in the Base layer, as the case may be. SPD and IDF-NBFC will always remain in the Middle Layer.

Question

As per the Scale-Based Regulation (SB

R framework, NBFC-IFC, is classified under:

A Base Layer only

B Base Layer or Lower Layer

C Middle Layer or Upper Layer

D Upper Layer only

E Base Layer or Upper Layer

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As per the Scale-Based Regulation (SB

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