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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.
Which of the following international organization recently declared East Jerusalem to be the capital of Palestine
With reference to Mangroves, consider the following statements:
1. Mangrove forest usually grow only at Tropical and Subtropical latitudes near e...
Who was the first female Chief Election Commissioner of India?
NISAR Satellite is jointly developed by which space organizations?
Regarding the Tapi River, select the correct statement(s):
________________ has partnered with brands and aggregators such as Bigbasket, Goibibo, Makemytrip, Jiopay, Paytm and PhonePe to introduce tokenization f...
Where did IndiGo launch the Zero Waste Airport Project?
Which of the following computer languages is used to develop a static web page?
In Budget 2023-24, it is estimated that if Uttarakhand received One rupee as Revenue, then arrange the receiving in increasing order in that One rupee:<...
What is the name of the expressway that connects Delhi with Agra?