Question

    What is the minimum capital required to maintain in the Asset Reconstruction Company (ARC)?

    A Rs 100 crore Correct Answer Incorrect Answer
    B Rs 200 crore Correct Answer Incorrect Answer
    C Rs 150 crore Correct Answer Incorrect Answer
    D Rs 50 crore Correct Answer Incorrect Answer
    E Rs 250 crore Correct Answer Incorrect Answer

    Solution

    As per the RBI guidelines a minimum capital of Rs 100 crore is needed to be maintained by ARC. ARC is a specialized institution that buys the NPA’s from banks so that the bank can clean up their balance sheets.

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