MCQOPTIONS
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MCQOPTIONS
| 1. |
Which of the following regulatory frameworks should be followed to maintain relationship with NBFCs? |
| A. | NBFCs promoted by a group of foreign banks should have presence in India. |
| B. | A foreign bank with 10- 50% of the issued and paid up equity of an NBFC, need to have management control on NBFC. |
| C. | Both [a] and [b] |
| D. | None of these |
| Answer» B. A foreign bank with 10- 50% of the issued and paid up equity of an NBFC, need to have management control on NBFC. | |