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A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 engaged in the business of loans and advances, acquisition of shares/stocks/bonds/debentures/securities issued by Government or local authority or other marketable securities of a like nature, leasing, hire-purchase, insurance business, chit business but does not include any institution whose principal business is that of agriculture activity, industrial activity, purchase or sale of any goods (other than securities) or providing any services and sale/purchase/construction of immovable property. NBFCs will be classified into four categories – base, middle, upper and top layers. The regulatory structure for NBFCs comprises four layers based on their size, activity, and perceived riskiness. The segregation is based on the liabilities and assets an NBFC has and the kind of activities it has been engaged in.
Careful study that is done to find and report new knowledge about something
Laudable
Person who believes that life is meaningless and rejects all religious and moral principles
Select the word that is closest in meaning (SYNONYM) to the word given below
Equivocal
Select the opposite word
Yell
We can use the intervening (A) few years to make our markets more competitive, procurement (B) more transparent (C) and foreign investment more ...
Similarly, the images of discredited rulers were effased (A) in the monumental (B) narrative reliefs which played so prominent (C) a role in impe...
Choose the word which is opposite in meaning to the word - Extraneous
A) demure B) criticize C) shy D) vandalize
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