NBFC

1. A minimum of good much % of total assets of an IFC-NBFC should be deployed in infrastructure

loans?
(a) 60% (b) 50% (c) 75% (d) 80% (e) None of these
2. An NBFC-MFI is defined as a non-deposit taking NBFC (other than a company licensed under
section – 25 of the Indian companies act-1956) with minimum net owned funds of ___?
(a) Rs. 5 crore (b) Rs. 4 crore (c) Rs. 3 crore (d) Rs. 2 crore (e) None of these
3. What is the maximum limit of deposit that is insured in NBFC?
(a) Rs 1 lakh (b) Rs 50000 (c) No Limit (d) Not insured (e)None of these
4. NBFC Ombudsman scheme is introduced under ___of the RBI act, 1934?
(a) Section – 35(A) (b) Section – 35(IA) (c) Section – 25(A)
(d) Section – 45(IA) (e) None of these
5. Which of the following cannot accept demand deposit?

(a) NBFC’s (b) Commercial banks (c) Foreign banks

(d) RRB’s (e) Local area banks

6. NBFC engaged in the business of ___

(a) Loans & advances
(b) Acquisition of shares
(c) Acquisition of stocks (gold, etc)
(d) Acquisition of banks
(e) All of these
7. NBFC’s should have a minimum net owned capital of ____?

A) Rs. 100 lakh B) Rs. 200 lakh C) Rs. 150 lakh

D) Rs. 50 lakh E) None of these

8. NBFC does not indulged in __________ which of the following activity?

A) Agriculture activity
B) Industrial activity
C) Construction of immovable property
D) All of these
E) None of these
9. IFC – NBFC company should have minimum net – worth of how much crore?

A) Rs. 100 crore B) Rs. 200 crores C) Rs. 300 crore D) Rs. 500 crore E) None of these

10. Which of the following is true?

A) NBFCs can accept deposits from the public
B) NBFCs can not offer deposit schemes to the public
C) Deposits of NBFC’s are insured with DICGC
D) NBFC’s can accept deposits from public if they are registered & permitted by RBI
E) None of these

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