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Sovon

· started a discussion

· 1 Months ago

correct answer will be 2 & 3. please check it

Question:

With reference to NBFCs in India, find the correct statement(s)–

1) They can’t engage in the acquisition of securities issued by the governments.

2) They can’t accept demand deposits like savings account.

3) Only a few are permitted External Commercial Borrowings.

Options:
A) Only 1 and 2
B) Only 2 and 3
C) Only 1 and 3
D) Neither 1 and 2
E) 1, 2 and 3
Solution:
Ans: (c) Only 2 and 3

Abhishek Nath

· commented

· 1 Months ago

Yeah, it was wrongly marked. Thanks

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