Question
Identify the incorrect statement about NBFC (Nonbanking
finance company)Solution
NBFCs lend and make investments and hence their activities are akin to that of banks; however, there are a few differences as given below: i. NBFC cannot accept demand deposits; ii. NBFCs do not form part of the payment and settlement system and cannot issue cheques drawn on themselves; iii. the deposit insurance facility of Deposit Insurance and Credit Guarantee Corporation is not available to depositors of NBFCs, unlike in the case of banks As NBFCs cannot accept demand deposits, therefore this is the option i.e A
Select a suitable figure from the Answer Figures that would replace the question mark (?) from question figure.
Select the figure which will come next in the following figure series.
Three of the following four figure pairs are alike in a certain way and thus form a group. Which is the one that does not belong to that group?
<...Which figure is different from the rest?
A piece of paper is folded and cut as shown below in the question figures from the given answer figures, indicates how it will appear when opened?
<...Select a figure from amongst the Answer Figures.
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Option figures:
Select the figure that can replace the question mark (?) in the following series.
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