Question
What is the minimum number of members required to be incorporated as a Nidhi company?
Refer to the following information to answer the next 4 questions (Q9 to Q12) Nidhi Company is an NBFC (Non-Banking Financial Company). Nidhi in simple terms means a company which is formed with the object of cultivating the habit of thrift and savings. These are regulated entities and the rules and directions governing Nidhi Companies are issued from time to time. The formation of the Nidhi Company is very easy process. It requires only ____ members out of which 3 members would be the directors. The Nidhi company takes hardly 10-5 days to get registered. Also no. of the documents required for the registration are very less.
More Alternate Sources of Finance Questions
- Marginal costing technique follows the following basis of classification:
- Which of the following best describes a merger of two companies where a financially sick or distress business is merged with a sound company as part of a...
- The Banking which offers all types of financial products like banking, insurance, mutual funds, capital market related products, investment products, and m...
- Mr. A is addressing to a the costing technique of his product to Mr. C and says “Here the cost of completing each stage of work is ascertained, like cost o...
- What is the goal of the system model of organizational behavior?
- What is the new minimum liquid asset requirement for HFCs starting January 2025?
- As per dividend discount model, which among the following will give the cost of Equity?
- Under the Raising and Accelerating MSME Performance (RAMP) scheme, which of the following components is NOT a focus area?
- Which of the following is most likely an essential characteristic of an asset?
- What is the principle behind nudge theory?
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)