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.
Twitter, the micro blogging platform has recently been rebranded as?
The All England Championship, an international championship of badminton, was first held in:
Name the captain of the Indian Men's Hockey Team as of 30th July 2020.
Who among the following has written the ‘Badshah Nama’?
Which of the following is an example of perishable foods that CANNOT be stored for more than a day or two at room temperature, i.e., they have a shelf l...
Under Union Budget 2019, the government plans to form 10,000 Farmer Producer Organisations (FPOs) in the next __ years
By which ministry of Government of India was the Deendayal Antyodaya Yojana started?
Which animal image is there in World Wide Fund for Nature’s logo?
​Which of the following best describes the Trade Receivables Discounting System ( TReDS ) platform?
Which of the following statements refers to the process of 'parthenogenesis"?
1. It is a natural form of asexual reproduction in which growth ...
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