1.

Which of the following statements is true about Non-Banking Financial Companies (NBFCs)?nI. They are not allowed to be deposited from the general public.nII. It is registered under the Companies Act, 1956.nIII. NBFCs are not part of the payment and settlement system.nIV. It does not offer any banking services.

A. only I
B. II and III only
C. I, II and III
D. all are true
Answer» D. all are true


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