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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.
Satyaram Reang of Tripura, who received The Padma Shri award in 2021, is a famous _______ dancer.
The SATH-E (Sustainable Action for Transforming Human Capital - Education) initiative's role model states include?
In which of the following years, the Intellectual Property Right was passed by India?
Fish can survive inside a frozen lake because
In July, 2020 Cochin Shipyard Limited (CSL), Kochi signed contracts for construction and supply of two autonomous electric ferries for ________ based c...
During the water cycle, which part of the plant is involved in the process of evaporation?
In 1991, the government set up the Tax Reforms Committee under the chairmanship of:
Which of these countries has become the vice-chair of the Asia Pacific region of the World Customs Organization (WCO) for a period of two years?
The Indian Gujarati swimmer Maana Patel is famous for her _____ style swimming?
The Eastern Ghats stretch from the ____________ to the Nigiris in the south.
