Question

    What is the minimum asset size required for a company to be classified as a Core Investment Company (CIC) in India?

    A Rs 50 crore Correct Answer Incorrect Answer
    B Rs 75 crore Correct Answer Incorrect Answer
    C Rs 100 crore Correct Answer Incorrect Answer
    D Rs 150 crore Correct Answer Incorrect Answer
    E Rs 200 crore Correct Answer Incorrect Answer

    Solution

        A CIC must have an asset size greater than Rs 100 crore and hold at least 90% of its net assets in investments within group companies.

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