Which of the following statements is true?

Related MCQs

• Consider the following statements A) Chit Funds are type of NBFC B) All NBFCs are ruled by RBI C) RBI said any purchase of a stake of 26% or more in a company, or a change in more than 30% of its directors, would need the central bank's permission. Which of the above statements is/are correct?
• Which of the following statements about The Employees’ Provident Funds and (Miscellaneous Provisions) Act are true? A) The Act is not applicable to cooperative societies employing less than 50 persons working with the aid of power. B) It makes provision for pension scheme, including family pension. C) There is no wage limit to be covered under the Act. D) The Act has a provision relating to Employees’ Deposit-linked Insurance Scheme.
• Which of the following statements is/are correct? A) NBFCs does not hold a banking license. B) NBFC can issue Demand Drafts like banks.
• Which of the following statement is true about Commercial Paper?
• Which of the following statement is true about Certificates of Deposits?
• Which of the following statement is true about Commercial Bill?
• Which of the following is the apex institution which handles refinance for agriculture and rural development in India?
• Which of the following is the apex institution which handles refinance for agriculture and rural development in India?
• Which of the following is not a regulatory institution in Indian financial system?
• Which of the following is not an asset held by Commercial Banks?