Economics · Banking in India
The requirement for registration and maintenance of 'Net Owned Funds' for a Non-Banking Financial Company (NBFC) is explicitly detailed under which section of the Reserve Bank of India Act, 1934?
- 1Section 45-IA✓
- 2Section 10-A
- 3Section 45-IB
- 4Section 45-JA
Correct answer
Section 45-IA
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