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.
In what year was the Shanghai Cooperation Organisation (SCO) founded?
On which date Savita Kanswal (Uttarakashi) and many mountaineers died in Draupadi Ka Danda-2 due to a massive avalanche?
Mount Merapi, an active stratovolcano, is located in which country?
Match List-I with List-II and choose the correct answer with the help of given codes:
Which of the following statements is correct
A. ADRs/GDRs are considered to be part of FDI, therefore need to conform to the FDI policy
<...India's rank in Global Prosperity Index 2017 is
Which of the following are the national and official language of India respectively?
What is the distance of James Web telescope, the most powerful space telescope ever launched, from earth?
Which organization updated its e-mandate framework to include auto-replenishment of balances for FASTag and NCMC?
Mango showers, which facilitate early ripening of mangoes, are typical pre-monsoon rains in which Indian states?
