Question

    What is the asset size threshold for NBFCs to be

    considered as systemically important?
    A Rs.300 crore Correct Answer Incorrect Answer
    B Rs.200 crore Correct Answer Incorrect Answer
    C Rs.500 crore Correct Answer Incorrect Answer
    D Rs.100 crore Correct Answer Incorrect Answer

    Solution

    NonBanking Financial Companies (NBFCs) are classified as systemically important if their asset size is Rs.500 crore or more according to their last audited balance sheet. This classification reflects their potential impact on the financial system and subjects them to stricter regulatory oversight to ensure financial stability.

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