An NBFC-MFI is defined as a non-deposit taking NBFC (other than a company licensed under Section 25 of the Indian Companies Act, 1956) with Minimum Net Owned Funds of                  

Related MCQs

• The Minimum Net Owned Fund for NBFC- MFIs registered in the North Eastern Region of the country is                    
• Infrastructure Finance Company(IFC) has a minimum Net Owned Funds of                
• Which is incorrect about NBFC (Non-Banking Financial Company) ?
• Companies whose main business is not financing or lending are permitted to accept deposits under section 45(s) of RBI Act only from:
• Rupee denominated bonds issues by Indian companies in order to raise funds offshore are called
• Masala bonds are Indian rupee denominated bonds issued in offshore capital markets. The RBI has reduced the minimum tenure of such bonds that an Indian company can, issue to
• What is the full form of NBFC as used in the financial sector?
• Section 80E of the Income Tax Act provides for deduction of interest paid on Education or study loan taken for higher education. Deduction under section 80E is available for            
• Which of the following Indian company sets it record to be the first company to overtake its parent company in terms of ‗market valuation‘?
• Section 9 of the Banking Regulation Act prohibits the banking Companies from holding any immovable property except for its own use for a period of not more property. The RBI may extend this period for a further period of :