Question

    For Systemically Important Core Investment Companies

    (NBFC -CIC- SI), the asset size is Rs _______ crore.
    A 100 Correct Answer Incorrect Answer
    B 300 Correct Answer Incorrect Answer
    C 400 Correct Answer Incorrect Answer
    D 500 Correct Answer Incorrect Answer
    E 600 Correct Answer Incorrect Answer

    Solution

    For Systemically Important Core Investment Companies (NBFC -CIC- SI), the asset size is Rs 100 crore. Broadly NBFCs are deposit-taking (NBFC-D) or no deposit NBFCs(NBFC-ND). NBFCs whose asset size exceeds Rs. 100 crore is called Systematically Important ( NBFC-SI).

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