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.
Fruit of mango is known as
Which of the following is not a correct statement?
Licensing and registration of food business in FSSAI are covered under which section:
______________ formulated water grid
Hue denotes:
bhindi yellow vein clearing disease is transmited by
Central Avian Research Institute ,Izzatnangar was established in the year
Which type of clay mineral chlorite is
Which element is responsible for nodulation in legumes?
Mid season pear cultivars for high hills of Himachal Pradesh are
A. Bartlett
B. Starkrimson
C. Flemish Beauty
D. Conference<...
