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.Solution
Minimal Net possessed finances( NOF) of Rs. 5 crores. ( For those registered in the North Eastern Region of the country, Rs. 2 crores is needed as minimal NOF). At least 85 of its Total Net means are in the nature of Qualifying means. An NBFC, not qualifying as an NBFC MFI, isn't to extend loans to the micro-finance sector, which, in total, is further than 10 of its total means.
Where is the Salkhan Fossil Park, recently added to UNESCO’s Tentative List, located?
Mookkannoor Mission’, an initiative under the Swachh Bharat Abhiyan under which a comprehensive plan of digitizing the entire village is adopted & cle...
The third edition of the Indian Navy’s ‘MAHASAGAR’ virtual interaction was held under the leadership of which Indian Navy official?
What event did the elected women representatives of Panchayati Raj Institutions participate in at New York on May 3, 2024?
Which of the following statements about Ladakh's Pangong Lake marathon is/are incorrect?
1. Pangong Lake marathon is titled 'theastrun' and aims ...
Who is the current Chief Executive Officer of UIDAI (Unique Identification Authority of India)?
What is the name of the fifth Kalvari class submarine inducted into the Indian Navy?
Which location is famously referred to as "The Rice Bowl of Kerala"?
Recently in The 38th edition of India–Indonesia Coordinated Patrol (IND-INDO CORPAT) which Indian NAVAL ship participated?
What milestone was achieved with India’s test of the K4 ballistic missile?
