Question
With reference to Non-Banking Financial Company (NBFC),
consider the following statements: I. NBFC cannot accept demand deposits. II. NBFCs do not form part of the payment and settlement system and cannot issue cheques drawn on itself. III. Deposit insurance facility of Deposit Insurance and Credit Guarantee Corporation is not available to depositors of NBFCs. Which of the statements given above is/are correct?Solution
Features of NBFCs · NBFC cannot accept demand deposits. · NBFCs do not form part of the payment and settlement system and cannot issue cheques drawn on itself. · Deposit insurance facility of Deposit Insurance and Credit Guarantee Corporation is not available to depositors of NBFCs.
According to Article 316 of the Constitution of India , who is responsible for appointing the Chairman and other members of a Public Service Commission...
Alibi is governed by
Right to private defence commences when______ and continues till ________.
If right to private defence is subjected to risk of harm to innocent person_______________?
Act of guardian giving consent on behalf of a child for his benefit in good faith below ________ years is___________:
Acts of necessity are covered as a valid defence under which section of the IPC?
Z is carried off by a tiger. A fires at the tiger knowing it to be likely that the shot may kill Z, but not intending to kill Z, and in good faith inten...
Which of the following Sections of Indian Penal code provided for defences based on this maxim- “ De minimis non curat lex”?
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Part III of the Constitution of India provides for Equality of opportunity in matters of ____________ employment.
Communication made in good faith as per S. 93 of IPC should be:
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