RBI HAS CANCELLED THE REGISTRATION OF HOW MANY NBFC’S ON 29TH MARCH...

99.

RBI has cancelled the registration of how many NBFC’s on 29th March, 2016?

A. 20

B. 22

C. 24

D. 28

Answer: B. 22

Explanation: RBI has cancelled the certificate of registration of 22 NBFC’s. Earlier, in the month

beginning 6 more NBFC’s licenses were cancelled Due to the cancellation, the firms cannot enter into

the financing business.