Financial Regulations Quiz
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Questions and Answers

What is the minimum requirement of microfinance loans for NBFC-MFIs according to the revised guidelines?

  • 100% of the total assets
  • 25% of the total assets
  • 75% of the total assets (correct)
  • 50% of the total assets
  • Under the earlier guidelines, what was the maximum limit for an NBFC that does not qualify as an NBFC-MFI to extend microfinance loans?

  • 5% of its total assets
  • 20% of its total assets
  • 15% of its total assets
  • 10% of its total assets (correct)
  • What is the household annual income limit for rural households to be considered as a 'qualifying asset'?

  • ₹75,000
  • ₹1,00,000
  • ₹2,00,000
  • ₹1,25,000 (correct)
  • What is the maximum loan amount allowed in subsequent cycles for a 'qualifying asset'?

    <p>₹1,25,000</p> Signup and view all the answers

    For loans amount exceeding ₹30,000, what is the minimum tenure required according to the 'qualifying asset' criteria?

    <p>24 months</p> Signup and view all the answers

    What percentage of aggregate amount of loans for income generation activities is required for a loan to be considered as a 'qualifying asset'?

    <p>50%</p> Signup and view all the answers

    What has been defined as net assets?

    <p>&quot;Total assets other than cash, bank balances and money market instruments&quot;</p> Signup and view all the answers

    What is the revised limit on microfinance loans for NBFCs other than NBFC-MFIs?

    <p>25% of the total assets</p> Signup and view all the answers

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