Question
Which of the following is one of the major differences
between an NBFC & a Bank?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.
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The numerator of a fraction is 2 less than its denominator. If the numerator is decreased by 2 and the denominator is increased by 3, the denominator be...
If the first term of a geometric progression (GP) is 12 and the common ratio is 4, then find the sum of its 4 terms.
How many integers between 100 and 750 are divisible by both 18 and 24?
Find the sum of all the numbers between 1500 and 7200, which are divisible by 18, 24 and 30.
(5.53 – 4.07) 2/(4.07 – 3.15)(3.15 – 5.53) + (4.07 – 5.53) 2/(3.15 – 5.53)(5.53 – 4.07) + (3.15 – 5.53) 2
What is the average of first 28 multiples of 2.8?
- Find the median of the following observations:
72, 81, 63, 55, 94, 80, 77
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