Consider the following statements regarding Non-Banking Finance Companies (NBFCs): 1. NBFCs can also engage in Micro-Finance Activities. 2. Housing-finance companies form a distinct sub-group of the NBFCs. 3. The deposit insurance facility of the Deposit Insurance and Credit Guarantee Corporation is not available for NBFC depositors. Which among the above statement(s) is/are not correct?

Consider the following statements regarding Non-Banking Finance Compa

1.	Consider the following statements regarding Non-Banking Finance Companies (NBFCs): 1. NBFCs can also engage in Micro-Finance Activities. 2. Housing-finance companies form a distinct sub-group of the NBFCs. 3. The deposit insurance facility of the Deposit Insurance and Credit Guarantee Corporation is not available for NBFC depositors. Which among the above statement(s) is/are not correct?
A.	Only 1
B.	1 and 3
C.	All of there
D.	None of these
Answer» E.