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      Question

      Systemically Important NBFCs

      are:
      A Whose asset size is more than 250 crores as per the last audited balance sheet Correct Answer Incorrect Answer
      B Whose asset size is more than 500 crores as per the last audited balance sheet Correct Answer Incorrect Answer
      C Whose asset size is more than 100 crores as per the last audited balance sheet Correct Answer Incorrect Answer
      D Whose asset size is more than 1000 crores as per the last audited balance sheet. Correct Answer Incorrect Answer
      E None of the above. Correct Answer Incorrect Answer

      Solution

      NBFCs whose asset size is of â‚ą 500 cr or more as per last audited balance sheet are considered as systemically important NBFCs. The rationale for such classification is that the activities of such NBFCs will have a bearing on the financial stability of the overall economy.

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