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    • Question : What is the minimum net owned fund (in Rs. lakhs) required for becoming a Non-Banking Financial Company (NBFC)? Option 1: 200 Option 2: 40 ...
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    Question : What is the minimum net owned fund (in Rs. lakhs) required for becoming a Non-Banking Financial Company (NBFC)?

    Option 1: 200

    Option 2: 400

    Option 3: 600

    Option 4: 650

    Team Careers360 4th Jan, 2024
    Answer
    Answer (1)
    Team Careers360 6th Jan, 2024

    Correct Answer: 200


    Solution : The correct answer is 200.

    The minimum capital requirement for NBFCs is decided at Rs. 200 lakhs by the RBI. The RBI is the central banking institution and it supervises the operations of the financial sectors, which include banking and non-banking financial institutions.

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