BANK SIDBI Grade A (General) Phase I Mock Test 2024 Finance Financial Institutions Non-Banking Financial Institutions
Under the revised directions, which category of NBFCs is required to form a Nomination and Remuneration Committee (NRC)?
1
Only NBFCs in the Top Layer (TL)
2
NBFCs in the Middle Layer (ML) and Top Layer (TL)
3
All applicable NBFCs except Government NBFCs
4
Only NBFCs with asset size exceeding ₹500 crore
5
None of the above