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    Question

    Systemically Important NBFCs are:

    A Whose asset size is more than 250 crores as per the last audited balance sheet Correct Answer Incorrect Answer
    B Whose asset size is more than 500 crores as per the last audited balance sheet Correct Answer Incorrect Answer
    C Whose asset size is more than 100 crores as per the last audited balance sheet Correct Answer Incorrect Answer
    D Whose asset size is more than 1000 crores as per the last audited balance sheet. Correct Answer Incorrect Answer
    E None of the above. Correct Answer Incorrect Answer

    Solution

    NBFCs whose asset size is of ₹ 500 cr or more as per last audited balance sheet are considered as systemically important NBFCs. The rationale for such classification is that the activities of such NBFCs will have a bearing on the financial stability of the overall economy.

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