Question

    Which of the following is considered as a Non-Banking

    Financial Company (NBFC)?
    A Equipment Leasing Company Correct Answer Incorrect Answer
    B Hire purchase company Correct Answer Incorrect Answer
    C Loan company Correct Answer Incorrect Answer
    D Asset management services Correct Answer Incorrect Answer
    E All of Above Correct Answer Incorrect Answer

    Solution

    NBFCs provide a range of financial services to their clients. Types of services under Non-Banking Financial services include the following : Hire purchase services Leasing services Housing finance services Asset management services Venture capital services Mutual benefit finance services (Nidhi) banks

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