If net owned funds are up to Rs. 50 crore it can open a branch anywhere in India

• TRUE

• FALSE

As per guidelines of RBI, at which level NBFC is required to conduct Joint Audit-

• asset size of 20000 crore and above

• asset size of 15000 lakhs and above

• asset size of 15000 crore and above

• asset size of 25000 crore and above

Minimum Net owned Fund Required

• 100 Cr

• 10 Cr

• 2 Cr

• 20 Cr

Imapct of DTA in calculation of CRAR Ratio

• No impact

• Reduced from Tier 1 Capital

• Added to Risk weighted assets

• None of the above

Whether NBFC can accept deposit from NRI?

• Yes

• No

Entities engaged in micro finance can borrow funds under ECB under automatic route upto -

• USD 750 million or equivalent

• USD 250 million or equivalent

• USD 100 million or equivalent

• USD 500 million or equivalent

Risk Weight for Investment in Bonds of public sector banks is __%

• 100

• 40

• 0

• 20

ICC cannot invest in unquoted shares of another company beyond -

• 10% of its owned fund

• 25% of its owned fund

• 20% of its owned fund

• None of the above

NBFC is permitted to open branches anywhere in India if

• NBFC have a certificate of registration from RBI

• Credit rating AA

• Net owned funds are more than Rs. 50 crore

• All of the above

For Core Investment Companies (CIC) the investment in shares and securities should be __ % of net assets

• 90

• 60

• 75

• 50