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      Question

      Which of the following is a key regulatory requirement

      for obtaining an NBFC licence in India? 
      A Minimum capital of ₹1 crore Correct Answer Incorrect Answer
      B Registration under SEBI Correct Answer Incorrect Answer
      C Minimum Net Owned Fund of ₹10 crore Correct Answer Incorrect Answer
      D Mandatory listing on stock exchange Correct Answer Incorrect Answer
      E RBI shareholding requirement Correct Answer Incorrect Answer

      Solution

      NBFCs require minimum NOF of ₹10 crore (to be met by 2027). 

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