Question
Any existing NBFC-ICC (Investment Credit Company) ,
intending to undertake factoring business, shall make an application to the Reserve Bank for grant of CoR under the Act and needs to have total assets of ₹…………………….. and above, as per the last audited balance sheet to fulfill the eligibility requirementsSolution
Any existing NBFC-ICC, intending to undertake factoring business, shall make an application to the Reserve Bank for grant of CoR (Certificate of registration) under the Act if it satisfies the following eligibility criteria: (a) not accepting or holding public deposits; (b) total assets of ₹1,000 crore and above, as per the last audited balance sheet; (c) meeting the NOF (Net owned Fund) requirement as prescribed in regulation 3 of these regulations; (d) regulatory compliance.
Answer the following question based on the direction given below.
If 'A#B' means 'A is father of B'
'A@B' means 'A is daughter of B'
<...How is U related to V?
How is J related to Q?
Answer the questions based on the information given below.
There are nine members i.e., L, M, N, O, P, Q, R, S and T in a family of three gen...
How is H related to the daughter-in-law of I?
Answer the questions based on the information given below:
There are eight members- F, G, H, I, J, K, L, and M, in a family of three generation...
‘ A + B ’ means ‘A is the sister of B’
‘ A = B ’ means ‘A is the daughter of B’
‘ A # B ’ means ‘A is the son o...
How is V related to W?
Answer the questions based on the information given below.
There are seven persons- R, S, T, U, V, W, and Y in a family of three generations....
How is P related to N?
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