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.
Select the most appropriate synonym of the given word.
DISTINCT
Juries are adjured (A) / abjured (B) to consider only the evidence presented at trial as they attempt to reach a verdict in an action.
The fever ...
Select the most appropriate synonym of the given word.
TRANQUIL
He said this decision (A) was taken at the behead (B) of the Chief Minister, who said that devotees (C) should not be inconvenienced (D) in any manner....
Select the most appropriate option to fill in the blank.
The box was ______ heavy for that little child to carry.
Select the most appropriate synonym of the given word.
ENIGMATIC
Select the most appropriate option to fill in the blank.
We have requested Mrs. Nagpal _______ our play for this year’s annual function.
Find the appropriate word.
APATHETIC : ZEALOUS :: IMPROMPTU :Â
Select the most appropriate option to substitute the underlined segment in the given sentence. If no substitution is required, select ‘No substitu...
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