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      Question

      Under LEF for an NBFC-UL (other than IFC), what is the

      absolute maximum limit for exposure to a "Single Counterparty"?
      A 15% Correct Answer Incorrect Answer
      B 20% Correct Answer Incorrect Answer
      C 25% Correct Answer Incorrect Answer
      D 35% Correct Answer Incorrect Answer
      E 50% Correct Answer Incorrect Answer

      Solution

      For NBFCs other than IFC in the Upper Layer, the single counterparty limit shall not exceed 25% in any case (20% base + 5% additional).Β 

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