Question
Which of the following is one of the major differences
between an NBFC & a Bank?Solution
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.
As per Section 18(8), a Special Public Prosecutor must have been in practice as an advocate for not less thanâÂ
Section 65 states that:Â
 Section 25 of The Limitation Act, 1963 deals with_______?
Which scheme is employed by manufacturers who need ISI mark (BIS standard mark) within 30 days as per the government notiďŹcation?
The supply of essential goods or services to the corporate debtor as may be specified shall not be terminated or suspended or interrupted during _______...
An âunlawful assemblyâ is one where the common object of the persons composing that assembly is___________________
Which of the following is a valid mode of dissolution of a Partnership?
Which of the following is the primary objective of the Special Economic Zones Act as per its long title?
What are moral rights in IP law?
A sessions court requires permission of High Court to pass _______?
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