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Question
RBI has introduced a prompt corrective action framework for large non-banking financial companies. The provisions of the PCA framework will be effective from?
Options:
A .  December 2021
B .  March 2022
C .  October 2022
D .  December 2022
Answer: Option C

RBI has introduced a prompt corrective action framework for large non-banking financial companies with effect from October 2022.



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