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 option that can substitute the bold segment in the given sentence.
Don’t disturb the boy, he prepares for his exa...
Select the most appropriate word for the given group of words. Â
A person who eats the flesh of other human beings.
Among the given alternatives you have to find the word which can be the best substitute for the given sentence.
Behaviour in which somebody pr...
1.      Annihilate
2.      Ruin
3.      Sanction
4.      Arrogance
...Select the most appropriate option that can substitute the bold segment in the given sentence. If there is no need to substitute it, select ‘No substi...
Prevent a person from having or using something.
Select the option that can be used as a one-word substitute for the given group of words.
A building where monks live as a community
Rogue
Select the most appropriate option to substitute the highlighted segment in the given sentence. If there is no need to substitute it, select ‘No subs...
Select the option that can be used as a one-word substitute for the given group of words.
A group of three novels or plays, each complete in itself
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