Question
Which among the followings are correct statements with regard to NBFC in India? (
- A All NBFCs should be registered with RBI. (
- B NBFCs cannot accept demand deposits. (
- C NBFCs do not form part of the payment and settlement system and cannot issue cheques drawn on itself. (
- D Deposit insurance facility of Deposit Insurance and Credit Guarantee Corporation is not available to depositors of NBFCs. Choose the correct from the options given below:
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