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      Question

      According to RBI guidelines, after how many consecutive

      quarters of failing to meet the 60% qualifying asset threshold must NBFC-MFIs submit a remediation plan?
      A 2 consecutive quarters Correct Answer Incorrect Answer
      B 3 consecutive quarters Correct Answer Incorrect Answer
      C 4 consecutive quarters Correct Answer Incorrect Answer
      D 6 consecutive quarters Correct Answer Incorrect Answer
      E 1 consecutive quarter Correct Answer Incorrect Answer

      Solution

      If an NBFC-MFI fails to maintain the revised 60% qualifying asset threshold for four consecutive quarters, it is required to submit a remediation plan to the RBI. This provision ensures financial discipline and regulatory compliance among microfinance institutions.

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