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      Question

      How much funding is required for an Asset Reconstruction

      Company (ARC) to become a resolution applicant under RBI guidelines?
      A Rs. 500 Crore Correct Answer Incorrect Answer
      B Rs. 1000 Crore Correct Answer Incorrect Answer
      C Rs. 2000 Crore Correct Answer Incorrect Answer
      D Rs. 5000 Crore Correct Answer Incorrect Answer
      E Rs. 10,000 Crore Correct Answer Incorrect Answer

      Solution

      Ā  According to RBI guidelines, an Asset Reconstruction Company (ARC) needs to have a minimum funding of Rs. 1000 Crore to become a resolution applicant.

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