Discussion :: IBPS BANK EXAM TEST 6
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Which of the following was the reason owing to which Government wants Reserve Bank of India to tighten prudential norms for NBFCs?
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A.
To reduce liquidity in the market |
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B.
II is as per Basel II requirements |
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C.
II is as per Bank for International Settlement (BIS) directivves |
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D.
It is to protect NBFCs from any impact of possible economic slowdown |
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E.
None of these |
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Answer : Option D
Explanation :
It is to protect NBFCs from any impact of possible economic slowdown
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