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.
By the approved bill, what percentage of reservation is being granted to the Maratha community in education and government jobs in Maharashtra?
Which of the following rivers does NOT have its origin in the Indian state of Rajasthan?
What is the purpose of the 'Mission Shakti' scheme launched by the Government of India?
With his victory at the World IBSF Billiards Championship 2023 in Doha, Qatar, how many world titles has Pankaj Advani now secured?
In which of the following years was the Indian National Congress split into two groups named as Moderates and Extremists?
The role of the preparation of the electoral rolls for all the elections to Parliament and to the Legislature of every State and of elections to the off...
In which type of tax is the marginal tax rate higher than the average tax rate?
Identify the disease caused by Mycoplasma.
According to The Times Higher Education World University Rankings 2023, Harvard University is placed at which Rank in overall Category?
When did the Indian Army liberate Goa from the Portuguese and declare it a Union Territory?
