Start learning 50% faster. Sign in now
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.
Who invented the pendulum clock?
Who was the author of "The General Theory of Employment, Interest and Money" that laid the foundation of macroeconomics as a separate branch of economics?
What is the Maximum loan amount under Standup India?
Which of the following celestial bodies has a natural satellite named ‘Charon’?
Who among the following cricketer who hitted highest six in one ODI innings?
Shore temple of Mamallapuram was built by:
What are the total numbers of accounts opened in PMJDY accounts till April 2022?
The naval drill named 'Maritime Security Belt 2024' involving China, Russia, and Iran took place in:
Which of the statements are correct in regards to Priority Sector Lendings (PSL):
1. Agriculture, Micro, Small and Medium Enterprises, H...
As per the World Bank report, what was India’s rank in the Global GDP for the year 2018?