Question
Which of the following statements is/are true with
respect to the Non-Banking Financial Companies ? I. A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 involved in the business of loans and advances, acquisition of shares/stocks/bonds/debentures/securities issued by Government or local authority or other marketable securities of a like nature, leasing, hire-purchase, insurance business, chit business II. NBFC cannot accept demand deposits. III. Deposit insurance facility of Deposit Insurance and Credit Guarantee Corporation is available to depositors of NBFCs.Solution
A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 involved in the business of loans and advances, acquisition of shares/stocks/bonds/debentures/securities issued by Government or local authority or other marketable securities of a like nature, leasing, hire-purchase, insurance business, chit businessNBFC cannot accept demand deposits.Deposit insurance facility of Deposit Insurance and Credit Guarantee Corporation is not available to depositors of NBFCs.
In the question below, a sentence is given, four words have been highlighted in bold. Find out if the words are appropriate (grammatically and contextu...
Given below is a word followed by three sentences. You need to understand whether the sentences used the highlighted word correctly or not. Mark the in...
(i) eager
(ii) avid
(iii) protect
(iv) rage
Tempestuous
In the given question, a word has been given and there are three ways in which the word has been used, in similar or different forms. You need to see w...
In the given question, a word has been given and there are three ways in which the word has been used, in similar or different forms. You need to see w...
In each of the following questions, a word has been given and used in three statements. You are supposed to identify which of the statement/s use/s the...
Select the word, which means the same as the given group of words.
Something that cannot be heard
Select the most appropriate synonym of the given word.
Surreptitious
Direction: In each of the questions given below, four words are given in bold. These four words may or may not be in their correct position. The senten...
