With reference to non-banking financial companies (NBFCs) in India, co – McqOptions

MCQOPTIONS

1.	With reference to non-banking financial companies (NBFCs) in India, consider the following statements:1. They can offer any rate of interest subject to their financial capacity2. They can not accept deposits repayable on demand.Which of the statements given above is/are correct?
A.	1 only
B.	2 only
C.	Both 1 and 2
D.	Neither 1 nor 2
Answer» C. Both 1 and 2

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