Question
According to the Master Circular on KYC norms issued in
January 2024, what is the minimum denomination for the issuance of Non-Convertible Debentures (NCDs)?Solution
The circular "Master Direction on KYC" specifies that NCDs must be issued in a minimum denomination of ₹5 lakh and in multiples thereof.
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Question Figure:
What will come in the place of question mark?