Current Affairs - National - Discussion

Discussion Forum : National - Latest Current Affairs (Q.No. 2631)
2631.
What is the minimum net owned fund requirement for a company to operate as an Asset Reconstruction Company?
Rs 1 crore
Rs 4 crore
Rs 2 crore
Rs 3 crore
Answer: Option
Explanation:
having the owned fund of not less than Rs 2 crore or such other amount not exceeding 15% of total financial assets acquired or to be acquired by the securitisation company or reconstruction company.
Discussion:
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