Fill the gaps in the NBFC rules

Exercise and reference answers

Missing parts

1. Answer

   50 per cent

   Choices

   1. 50 per cent
   2. 75 per cent
   3. 25 per cent

2. Answer

   45-IA

   Choices

   1. 45-IA
   2. 42-IA
   3. 24-IA

3. Answer

   ten crore

   Choices

   1. ten crore
   2. two crore
   3. five crore

4. Answer

   75 per cent

   Choices

   1. 75 per cent
   2. 50 per cent
   3. 25 per cent

Complete the statement

Financial assets above {0} of total assets make finance the principal business. Registration falls under section {1}. Net owned funds must be {2}. An NBFC-MFI holds {3} in microfinance.

Instructions

Tap a phrase to drop it into the empty slot.

Explanation