Question
What is the minimum capital requirement for an NBFC to
be classified as an Infrastructure Finance Company (IFC)?Solution
Explanation: Infrastructure Finance Company (IFC): IFC is a non-banking finance company a) which deploys at least 75 per cent of its total assets in infrastructure loans, b) has a minimum Net Owned Funds of ₹ 300 crore, c) has a minimum credit rating of ‘A ‘or equivalent d) and a CRAR of 15%.
Promotion of Cooperative societies is guaranteed under the Indian Constitution as
Lee v. Lee’s Air Farming Ltd. established that:
The oath is administered to the President of India by
”Any fact from which, either by itself or in connection with other facts, the existence, non-existence, nature or extent of any right, liability, or ...
Who was elected as permanent Chairman of the Constituent Assembly which framed the Constitution of India?
Under Section 14 of the SARFAESI Act, 2002, when a magistrate passes an order for possession of secured assets, what is the nature of the magistrate's f...
Under Section 75, which of the following acts does NOT constitute sexual harassment?
Which section exempts certain persons from limitation, such as insane persons or those under legal guardianship?
According to the Right to Information Act, what is the duty of every Central Public Information Officer or State Public Information Officer?
According to the provisions of CPC the Court which passed a decree may, on the application of the decree holder, send it for execution to another Court ...
