Current Affairs · Banking Credit Facilities
Regarding the Acquisition Finance Framework as outlined in the revised directions on bank credit facilities, which of the following statements is/are correct? 1. Under this framework, the acquiring entity must establish control over the target company within a maximum period of 24 months from the date of the initial disbursement. 2. Banks are permitted to provide acquisition finance to Indian non-financial companies even if the target entity has financial subsidiaries or joint ventures. 3. The framework mandates that the acquirer must possess a minimum net worth of ₹500 crore and caps bank funding at 75% of the total acquisition value. Select the correct option:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 11 only
- 21 and 2 only
- 33 only✓
- 42 and 3 only
Correct answer
3 only
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Current Affairs?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Banking Credit Facilities MCQs →Want more practice questions on Banking Credit Facilities?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Current Affairs · Banking Credit Facilities