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To satisfy the RBI's "50-50 Test" and qualify as a Non-Banking Financial Company (NBF

  • C , what conditions must a corporate entity's financial assets and financial income simultaneously meet ?
A Financial assets must be > 60% of total assets, and financial income must be > 50% of gross income.
B Financial assets must be > 50% of total assets, and financial income must be > 50% of gross income.
C Financial assets must be > 50% of total assets, and financial income must be > 60% of gross income.
D Financial assets must be > 75% of total assets, and financial income must be > 75% of gross income.
E Financial assets must be > 45% of total assets, and financial income must be > 45% of gross income
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