Challenger App

No.1 PSC Learning App

1M+ Downloads
Which act regulated NBFCs in India?

ABanking regulation act,1949

BNBFC act,1987

CCompanies act,1956

DCompanies act,2013

Answer:

C. Companies act,1956

Read Explanation:

The NBFC are the non banking finance corporations which are registered as company under the Companies act,1956. They are engaged in various financial activities.


Related Questions:

Microfinance in India is a form of financial service which provides small loans and other financial services to poor and low-income households for _________?
താഴെപ്പറയുന്നവയിൽ ബാങ്കിംഗ് ഇതര ധനകാര്യ സ്ഥാപനം അല്ലാത്തത് ഏത്?
ഹാർവാഡ് സർവകലാശാലയിൽ പഠന വിഷയമാകുന്ന കേരളത്തിലെ ധനകാര്യ സ്ഥാപനം ?

Which of the following statements are true regarding Banking & Non Banking Financial institutions

  1. Non-banking institutions cannot issue self-drawn cheques and demand drafts.
  2. Non-banking institutions are not licensed and do not provide financial services.
  3. Banking institutions offer services to deposits and lend money.
  4. Non-bank financial companies offer most sorts of banking services, such as loans and credit facilities,
    താഴെപ്പറയുന്നവയിൽ സ്ഥിര മൂലധനം ഏത് ?