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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

      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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