Question
Microfinance institutions have seen a deterioration in
NPA levels recently. Who regulates microfinance institutions in India?Solution
In India, the Reserve Bank of India (RBI) is the primary regulatory authority responsible for overseeing microfinance institutions and Non-Banking Financial Companies (NBFCs). The RBI issues guidelines, supervises their operations, and ensures that these entities comply with the regulatory framework to maintain financial stability and protect the interests of borrowers and depositors.
According to Companies Act 2013, the first annual general meeting should be held within a period of ________ from the date of closing of the first finan...
According to The Companies Act 2013, which of the following statement is incorrect with regards to OPC (One Person Company)?
From the following information calculate the amount of sales to earn a desired profit of Rs.6,000
Fixed Cost: 12,000
Selling Price: 12 per...
As per Companies Act, 2013, what is the minimum number of board meetings a company must hold in a year?
As per Companies Act, 2013, out of which of the following reserves can a company declare dividend?
A decreasing inventory turnover ratio typically indicates that a firm is:
A listed company did not appoint a woman director on its Board. During audit, you find non-compliance continuing for 6 months. What is implication?
Section 54(b) of the Income Tax Act, 1961 refers to:
As per the Companies Act, 2013, the financial statements of a company include:
Which regulatory body in India is responsible for overseeing and regulating the functioning of non-banking financial companies (NBFCs)?
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