Question
Non-Banking Financial Companies (NBFCs) are the
Financial Intermediaries engaged primarily in the business of i. Accepting Deposits ii. Lending loans and advances iii. Leasing iv. Hire purchasingSolution
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 the immovable property.
Which of the following is a measure of how the returns of two risky assets move in relation to each other?
Which of the following statements does not represent a true characteristic of a company under the Companies Act, 2013?
What is the maximum margin money subsidy provided under PMEGP for beneficiaries in rural areas from special categories? Â
Which section of the MSMED Act, 2006 mandates the creation of a 'Grievance Redressal Mechanism' for MSMEs?
How does inflation in a country affect its currency's exchange rate?
As per the guidelines of the Basel Committee for Banking Supervision (BCBS), credit losses on stage 1 assets will be categorised as _______ provisions a...
What is the limit of annual household income for a collateral free loanto be considered as a microfinance loan?
Under Section 115BA of the Income Tax Act, which of the following conditions must be met for MSMEs to benefit from a reduced tax rate of 25%?
Which of the following type of death is not covered under the Pradhan Mantri Suraksha Bima Yojana?
Under inflationary trend, which of the methods will show highest value of inventory?
