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      Question

      When was the Sagarmala Finance Corporation Limited

      (SMFCL) registered as an NBFC with the RBI?
      A May 1, 2025 Correct Answer Incorrect Answer
      B June 10, 2025 Correct Answer Incorrect Answer
      C June 19, 2025 Correct Answer Incorrect Answer
      D July 1, 2025 Correct Answer Incorrect Answer
      E June 25, 2025 Correct Answer Incorrect Answer

      Solution

      The Sagarmala Finance Corporation Limited (SMFCL), India’s first maritime sector NBFC, was officially registered as a Non-Banking Financial Company (NBFC) with the Reserve Bank of India on June 19, 2025. It is classified as a Mini Ratna Category-I Central Public Sector Enterprise (CPSE).

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