question_answer

Which one of the following was the reason owing to which Government wants Reserve Bank of India to tighten prudential norms for NBFCs?

A) To reduce liquidity in the market

B)  II is as per Basel II requirements

C)  II is as per Bank for International Settlement (BIS) directives

D)  It is to protect NBFCs from any impact of possible economic slowdown

E)  None of these