NBFCs is a company registered under the companies act in which year?
1). 1956
2). 1969
3). 1898
4). 1900
NBFCs is a company registered under the companies act, 1956. It differs from banks in the following aspects-
(i) It cannot accept demand deposits.
(ii) They do not have insurance coverage on their deposits however bank deposits have insurance cover of Deposit Insurance and Credit Guarantee Corporation.
1. Which of the following headed a SEBI panel for fair market conduct?
2. Under whose recommendation was the National Stock Exchanges Set up?
3. In which year was the Securities Exchange Board of India Act given statutory powers?
4. What is the correct description of ADR American Depository Receipt?
6. Liberalised Remittance Scheme was introduced by RBI under FEMA 1999 in which of the following year?
7. Which of the following does not come under Revenue expenditure of Government?