Question
With reference to the NBFCs, consider the following
statements: 1. It is a company registered under the Companies Act, 1956 2. NBFC cannot accept demand deposits. 3. NBFC can issue cheques drawn on itself. Which of the statements given above is/are incorrect?Solution
Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 and engaged in the business of loans and advances, acquisition of shares/stocks/bonds/debentures/securities issued by Government or other marketable securities of a like nature, leasing, hire-purchase, insurance business, chit business NBFC cannot accept demand deposits; NBFCs do not form part of the payment and settlement system and cannot issue cheques drawn on itself; deposit insurance facility of Deposit Insurance and Credit Guarantee Corporation is not available to depositors of NBFCs, unlike in case of banks.
Select the letter-cluster from among the given options that can replace the question mark (?) in the following series. NIR, JGN, FEJ, ?
Four letter-clusters have been given, out of which three are alike in some manner and one is different. Select the letter-cluster that is different.
Which one set of letters, from the options below, when sequentially placed (left to right) at the gaps in the given letter series, shall complete it: <...
Select the option that is related to the third letter-cluster in the same way as the second letter-cluster is related to the first letter-cluster.
<...- This question is based on the following words.
CAP ARC FIG MOP
In each of the words, each vowel is changed to the letter immediately follow... In the word ‘DECISION’ all consonants are written as their preceding letter and all vowels are written as their following letters. Now all letter...
Directions: From the given alternative words, select the word which can be formed using the letters of the given word.
PORTFOLIO
Which one set of letters when sequentially placed at the gaps in the given letter series shall complete it?
_ Y _ X_ Z X _ Z X _ _ X Y _
If each of the letters in the English alphabet is assigned odd numerical value beginning A= 1, B = 3 and so on, what will be the total value of the lett...
- If 2nd and 4th letter within each word is interchanged then then how many letters are there between 2nd letter of third word from right end and 4 th letter...
