Question
Under Section 45-I(f) of the RBI Act, 1934, a
'non-banking financial company' includes a non-banking institution which is a company and which has as its principal business which activity?Solution
Section 45-I(f) defines a 'non-banking financial company' to mean a financial institution which is a company; a non-banking institution which is a company and which has as its principal business the receiving of deposits under any scheme or arrangement or lending in any manner; or such other non-banking institution or class as the Bank may specify with the previous approval of the Central Government. The principal business element identified is the receiving of deposits or lending in any manner.
Consider the following developments associated with knowledge of science in ancient period :
1.     Decimal number system
2.    ...
Over withdrawal of ground water in coasts and islands does not cause
The mid latitude zones lie between latitudes in the northern and southern hemispheres:
Who, in mythology, wished for everything he touched to turn to gold?
Select the odd one out from Iron, copper, bronze, silver.
The average of 10 numbers is 30. What will be the new average if one of the numbers is increased by 30 and five of the rest decreased by 4 each?
The greatest advantage of human beings having two eyes is
The national song ‘Vande Mataram’ was composed by Bankim Chandra Chatterjee i n which language?
