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An NBFC-MFI must deploy what share of assets in microfinance?
A75 per cent
B45 per cent
C55 per cent
D65 per cent
Answer & Solution
Correct answer: A. 75 per cent
1. The company must be non-deposit taking.
2. Its assets are tested against microfinance loans.
3. The minimum share is 75 per cent.
_Source: RBI, FAQs on Non-Banking Financial Companies_
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