Which of the following statements is/are correct? 1. NBFCs do not hold a banking license. 2. NBFCs can issue Demand Drafts like banks.

Which of the following statements is/are correct? 1. NBFCs do not hold

1.	Which of the following statements is/are correct? 1. NBFCs do not hold a banking license. 2. NBFCs can issue Demand Drafts like banks.
A.	1 only
B.	2 only
C.	Both 1 and 2
D.	None of these
Answer» B. 2 only

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Which of the following statements is/are correct? 1. NBFCs do not hold a banking license. 2. NBFCs can issue Demand Drafts like banks.

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