SBI Junior Associate 2023 · Question 41 of 188

Which of the following points is/are "correct" with respect to the recent release by the Reserve Bank of India (RBI) in September 2023? A) RBI released the names of 15 Non-Banking Financial Companies (NBFCs) in the Upper Layer (UL)/NBFCUL under Scale Based Regulation for NBFCS for the year 2023-24. B) The NBFC-UL (Upper Layer) includes NBFCs specifically identified by the RBI as warranting enhanced regulatory requirements based on a set of parameters and scoring methodology. C) TMF Business Services Limited, formerly Tata Motors Finance Limited, qualifies as an NBFC- UL (NonBanking Financial Company - Upper Layer) based on scoring methodology.

banking-awareness

1. A(1) Only A
2. B(2) Only A & B
3. C(3) Only B & C
4. D(4) Only A & C
5. E(5) All A, B & CCorrect