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What is the primary purpose of the Scale-Based Regulation (SBR) framework introduced for Non-Banking Financial Companies (NBFCs)?a) To eliminate all NBFCs that are not systemically important.b) To categorize NBFCs based solely on their profit margins.c) To enhance asset quality and risk management practices among NBFCs.d) To restrict NBFCs to traditional lending practices only.Correct answer is option 'C'. Can you explain this answer? for CUET Commerce 2024 is part of CUET Commerce preparation. The Question and answers have been prepared according to the CUET Commerce exam syllabus. Information about What is the primary purpose of the Scale-Based Regulation (SBR) framework introduced for Non-Banking Financial Companies (NBFCs)?a) To eliminate all NBFCs that are not systemically important.b) To categorize NBFCs based solely on their profit margins.c) To enhance asset quality and risk management practices among NBFCs.d) To restrict NBFCs to traditional lending practices only.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CUET Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the primary purpose of the Scale-Based Regulation (SBR) framework introduced for Non-Banking Financial Companies (NBFCs)?a) To eliminate all NBFCs that are not systemically important.b) To categorize NBFCs based solely on their profit margins.c) To enhance asset quality and risk management practices among NBFCs.d) To restrict NBFCs to traditional lending practices only.Correct answer is option 'C'. Can you explain this answer?.

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