Answer & ExplanationOption: Both A & BExplanation:
The Reserve Bank of India (RBI) has suggested a tougher regulatory framework for the non-banking finance companies’ (NBFC) sector to prevent recurrence of any systemic risk to the country’s financial system. The regulatory and supervisory framework of NBFCs will be based on a four-layered structure — the base layer (NBFC-BL), middle layer (NBFC-ML), upper layer (NBFC-UL) and the top layer. The current threshold for systemic importance, which is ₹500 crore now, is proposed to be revised to ₹1,000 crore.
Article and Schedule Quiz | Start Test! |
Missiles Mock Test | Start Test! |
SSC MTS Mock Test | Start Test |
IBPS CLERK MOCK TEST | Start Test |
SSC MTS 2022 JULY 26 Shift 1 (ENGLISH) | Start Test! |
SSC GD Previous Year Paper 2021 Nov 17 Shift - I (Hindi) | Start Test! |
SSC CGL Tier - 1 PYP 2022 April 21 Shift- 1 (ENGLISH) | Start Test! |
MPSC PAPER I MOCK TEST 1 (ENGLISH) | Start Test! |
IB Security Assistant Mock test 1 (english) | Start Test! |
UP POLICE CONSTABLE MOCK TEST 1 | Start Test! |
DELHI POLICE CONSTABLE MOCK TEST 1 (HINDI) | Start Test! |