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The Reserve Bank of India has notified that the strict supervisory norms under the Prompt Corrective Action (PCA) Framework will apply to government-owned non-banking financial companies from October 2024. Being put under the PCA framework means restrictions on dividend distribution/ remittance of profits; promoters/ shareholders to infuse equity and reduction in leverage; and restrictions on the issue of guarantees or taking on other contingent liabilities on behalf of group companies. Some of the major government non-banking financial companies (NBFCs) include PFC, REC, IRFC and IFCI.
Statements: Q % R & L @ T $ D; W % Q # P
Conclusions : I. D % R II. Q % L I...
Statement:
Q < B ≥ M; M > T = V; S < J = K ≥ L; V > K
Conclusion:
I. B > S
II. B > L
III. M < J
Statement: D < E < F ≥ G; D ≥ H > I
Conclusion: I. F > I II. F = I
Statements: M % N, N & A, A @ B, B # C
Conclusions: I. C & A II. M # B
...Statements: R > S ≥ T = U < V ≤ W; X ≥ Y = Z < U = M ≥ N
Conclusions:
I. S ≥ M
II. T < X
III. W > N
Statements: P < L = O; N = M ≤ J ≤ K; M ≤ L
Conclusions:
I. K ≥ O
II. N ≤ L
III. O ≥ N
Statement: C ≥ D > E < F ≥ G; D ≥ H = J
Conclusion:
I. C > H
II. C = J
Statement: J > H ≤ G; F < M ≤ J; G = K
Conclusion: I. M ≤ G II. M > K
Statement: W > X > Y; Z > B > W; Z < C
Conclusion: I. Y < Z II. B > X
Statements:
S = K ≥ A ≥ X; Y < K = E ≤ U < Z
Conclusion:
I. X = E
II. K > X
