NBFCs lend and make investments and hence their activities are akin to that of banks; however, there are a few differences as given below: i. NBFC cannot accept demand deposits; ii. NBFCs do not form part of the payment and settlement system and cannot issue cheques drawn on themselves; iii. the deposit insurance facility of Deposit Insurance and Credit Guarantee Corporation is not available to depositors of NBFCs, unlike in the case of banks.
Generally, Internal Auditor is not appointed by:
Where to show Share application money received in excess of issued share capital?
Who among the following was involved in Hawthorne Experiments at Chicago?
What is the standard TDS rate applicable to interest on securities as per Section 193 of the Income Tax Act, 1961?
Identify correct full forms of ESOP and ESPP.
Which of the following income is agricultural income—
Deferred Tax Liabilities’ is shown under which of the following heads in a Balance sheet as per the format given in Companies Act, 2013?
Calculate Cash ratio of the company?
Which of the following financial statements would provide information about a company's income?
