BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Kothari committee
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Dahotre Committee
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Rangarajan Committee
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Purshotam Committee
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Detailed explanation-1: -Another significant development was Dahotre Committee’s recommendation based on which RBI formed guidelines for commercial banks to fund leasing companies.
Detailed explanation-2: -Kelkar Committee Was this answer helpful?
Detailed explanation-3: -Anupam Finserv Ltd. Apex Capital And Finance Ltd. Apollo Finvest (India) Ltd. Apoorva Leasing Finance & Investment Co.
Detailed explanation-4: -Leasing activity was initiated in India in 1973. The first leasing company of India, named First Leasing Company of India Ltd. was set up in that year by Farouk Irani, with industrialist A C Muthia.
Detailed explanation-5: -Malegam Committee Recommendations The committee recommended certain conditions to be satisfied for NBFCs to be classified as NBFC-MFI: Not less than 90% of its total assets (other than cash, money market instruments and bank balances) are in the nature of “qualifying assets.”