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.
Identify the app launched by Ministry of Coal, to stop illegal coal minings?
What kind of relationship exists between income and demand in case of normal goods?
Consider the following statements with reference to Mega Food Parks (MFP):
1. State Government, State Government entities and Cooperatives are no...
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Chinaman in India is related to which sport?
Who was conferred the Dadasaheb Phalke Award 2023 for lifetime contribution to cinema ?
Who among the following is not an economist?
Who received the title Pandita from the faculty of Calcutta University for her knowledge of Sanskrit?
As of October 2019, how many nuclear power plants are present in India?
The sunlight that gets scattered around the particles present in the upper atmosphere is known as ____________.