Question : As per the guidelines issued by the Reserve Bank of India in June 2021, each NBFC-MFI is required to maintain not less than ________ of its net assets as "qualifying assets."
Option 1: 50%
Option 2: 85%
Option 3: 75%
Option 4: 25%
Correct Answer: 85%
Solution : The correct option is 85%.
According to the guidelines released by the Reserve Bank of India in June 2021, non-banking financial companies and microfinance institutions (NBFC-MFIs) are mandated to uphold a minimum of 85% of their net assets as qualifying assets. Compliance with this requirement is crucial for NBFC-MFIs to contribute to the sector's overall financial health and resilience, as outlined by the Reserve Bank of India in its regulatory directives.
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Question : In June _________, the Reserve Bank of India published a "Consultative Document on Regulation of Microfinance".
Option 1: 2021
Option 2: 2019
Option 3: 2022
Option 4: 2020
Question : What will be the net discount (in percentage) after two successive discounts of 50% and 50%?
Option 1: 85%
Option 2: 75%
Option 3: 100%
Option 4: 95%
Question : "The Name You Can Bank Upon" is the slogan of which of the following banks?
Option 1: HDFC Bank
Option 2: State Bank of India
Option 3: Punjab National Bank
Option 4: Canara Bank
Question : Find the LCM of 25, 30, 50, and 75.
Option 1: 15.0
Option 2: 150
Option 3: 1.50
Option 4: 75
Question : Find the HCF of 125, 250, and 750.
Option 1: 50
Option 2: 25
Option 3: 125
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