Question
What is the minimum Net Owned Fund (NOF) requirement for
an Infrastructure Finance Company (IFC)?Solution
The minimum Net Owned Fund (NOF) required for an Infrastructure Finance Company (IFC) is ₹ 300 crore. Eligibility Criteria for IFC 1. The company must deploy at least 75% of its total assets in infrastructure loans. 2. It must maintain a minimum Net Owned Fund (NOF) of ₹ 300 crore. 3. It should have a minimum credit rating of ‘A’ or equivalent. 4. It must maintain a Capital to Risk-Weighted Assets Ratio (CRAR) of 15%. Definition of Infrastructure Loans • Loans given to sectors such as power, roads, ports, airports, telecom, urban infrastructure, and other government-notified infrastructure sectors. Role of RBI • The Reserve Bank of India (RBI) regulates IFCs as a special category under NBFCs to ensure stability and growth in infrastructure financing.
Sentences of a paragraph are given below in jumbled order. Arrange the sentences in the right order to form a meaningful and coherent paragraph.
...
Which of the following would be the FIRST statement after rearrangement?
- Choose the most logical order of sentences from among the four given choices to construct a coherent paragraph.
(A) This intricate process ensures ... 1. For the world’s most important
P. economy sank yet deeper
Q. into the second year of an unprecedented
R. central banker to...
Given below are six sentences, four of which (P, Q, R, S), are jumbled. Pick the option that gives the correct order of P, Q, R, S.
S - 1. The si...
Which of the following is the first sentence of the passage?
1. Even though plants and animals
P. if their occurrence is natural,
Q. can adapt themselves to
R. changes in nature
...Given below are a few sentences in which four words are emboldened each. The words may or may not be in their correct position. Rearrange the words if ...
In the questions given below, a sentence has been broken down into four fragments labelled (A), (B), (C) and (D) and arranged, not necessarily in the c...
The main cause of
P: modern world the stupid are confident
Q: the problem is that in the
R: while the intelligent are full of doubt