Which of the following is one of the major differences between an NBFC & a Bank?
Solution- A government authorised financial intermediary that aims at providing banking services to the general public is called the bank. An NBFC is a company that provides banking services to people without holding a bank license. An NBFC is incorporated under the Indian Companies Act, 1956 whereas a bank is registered under Banking Regulation Act, 1949. NBFC is not allowed to accept such deposits which are repayable on demand. Unlike banks, which accepts demand deposits. Banks are an integral part of payment and settlement cycle while NBFC, is not a part of the system.
SEBI has made inflexible norms for Foreign Portfolio Investors (FPIs), asking them to disclose any material change in their structure and common ownersh...
Who is the current Governor of the Reserve Bank of India (RBI)?
Identify the incorrect statements regarding the impact of note ban, GST, and COVID- 19:
1. Economic loss was estimated at 4. 3% of GDP or ₹11. ...
The Prime Minister inaugurated the 14th edition of Aero India Show in ____ city of India?
According to National e-Governance Service Delivery Assessment 2021 ,Which state had the highest overall compliance score amongst all the states and UTs?
________ company has won a contract to build a 300 megawatt (MW) coal fired power plant in Botswana(South Africa).
Which state launched the first night navigation mobile application in rivers in the country for ferries plying on Brahmaputra River?
Which of the following changes has been introduced by the Uttarakhand government to support the families of slain defence personnel and Agniveers?
The GDP (Gross Domestic Product) comes under which ministry?
Adwaita Nayar was recognized as a Young Global Leader by the World Economic Forum for her innovative contributions in the __________ industry .