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.
In the context of public service, "Impartiality" most closely aligns with:
An information seeker asks for a copy of the inspection report of a dam conducted by the Central Water Commission. The PIO can legitimately deny this in...
Which of the following does not belongs to traditional control techniques?
Retailer is a sub-element of
The working capital requirement of a business is not likely to be low when:
Which of the following statements is correct?
The principle of "Sunshine Laws" in governance emphasizes:
Which of the following is not the quality of a good leader?
The ethical value of "Integrity" is best described as:
What is the standard RTI application fee for Central Government?
