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 Venture capital 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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