Multiple Choice Questions on The Reserve Bank of India RBI announced a scale based regulation of non banking finance companies on........... for General Knowledge ( All Exams) Preparation

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Multiple Choice Questions

The Reserve Bank of India RBI announced a scale based regulation of non banking finance companies on...........

Current GK ( Master) Financial System
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    The Reserve Bank of India (RBI) announced a scale-based regulation of non-banking finance companies on October 22, 2021. Under the new framework, RBI has kept a ceiling of ____________per borrower to finance subscription of an initial public offering (IPO).

    Rs. 1 crore

    Correct Answer

    Rs. 2 crore

    Incorrect Answer

    Rs. 3 crore

    Incorrect Answer

    Rs. 4 crore

    Incorrect Answer
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    Explanation:

    Under the new framework, RBI has kept a ceiling of Rs 1 crore per borrower to finance subscription of an initial public offering (IPO).

    By: Brijesh Kumar
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