2016
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Recently, the RBI has cancelled the certificate of registration of how many non-banking financial companies (NBFCs).
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Five
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Four
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Six
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Two
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Explanation:
Detailed explanation-1: -The number of NBFCs-D has reduced from 64 in January 2021 to 49 in January 2022.
Detailed explanation-2: -The companies whose certification has been cancelled are SRM Properties And Finance Company (Rajasthan), North East Region Finservices Limited (Manipur), Sowjenvee Finance Limited (Karnataka) and Opel Finance Limited (Patna).
Detailed explanation-3: -Number of NBFCs in India 2021, by category As of financial year 2022, 9500 NBFCs belonged to the non-deposit taking category (NBFC-NDs), based on liabilities. Systemically important non-deposit taking NBFCs (NBFC-ND-SI) are large NBFC-NDs with assets of more than five billion Indian rupees.
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