MCQOPTIONS
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MCQOPTIONS
| 1. |
As per the circular of the RBI, what is correct about the core investment companies? |
| A. | All those non-banking finance companies, which invest not less than 90% of their total assets in the form of shares and securities for non-trading purposes. |
| B. | All the corporate houses with net-owned funds not less than Rs. 2,000 crore invested in the core sector for at least 10 years. |
| C. | Both (a) and (b) correct. |
| D. | None of these |
| Answer» B. All the corporate houses with net-owned funds not less than Rs. 2,000 crore invested in the core sector for at least 10 years. | |