BANK SIDBI Grade A (General) Phase I Mock Test 2024 Finance Financial Institutions Non-Banking Financial Institutions
Consider the following about the NBFC classification based on activities:
1. Asset Finance Companies (AFCs) primarily focus on financing physical assets supporting productivity.
2. Infrastructure Finance Companies (IFCs) must hold at least 75% of their total assets in infrastructure loans.
3. Core Investment Companies (CICs) are required to hold 90% of their assets in equity investments in group companies.
1
1 and 2 only
2
2 and 3 only
3
1 only
4
1 and 3 only
5
All of the above