Arihant Expert Team Solutions for Chapter: Non-Banking Financial Companies (NBFCs), Exercise 1: MULTIPLE CHOICE QUESTIONS

Author:Arihant Expert Team

Arihant Expert Team General Knowledge/General Awareness Solutions for Exercise - Arihant Expert Team Solutions for Chapter: Non-Banking Financial Companies (NBFCs), Exercise 1: MULTIPLE CHOICE QUESTIONS

Attempt the practice questions on Chapter 12: Non-Banking Financial Companies (NBFCs), Exercise 1: MULTIPLE CHOICE QUESTIONS with hints and solutions to strengthen your understanding. Banking Awareness Complete Book For IBPS SBI & RBI Exams solutions are prepared by Experienced Embibe Experts.

Questions from Arihant Expert Team Solutions for Chapter: Non-Banking Financial Companies (NBFCs), Exercise 1: MULTIPLE CHOICE QUESTIONS with Hints & Solutions

MEDIUM
Bihar Cooperative Bank Assistant Manager Mains
IMPORTANT

Which of the following NBFC converted itself into a commercial Bank?

MEDIUM
Bihar Cooperative Bank Assistant Manager Mains
IMPORTANT

Which finance company has been given banking license by RBI recently?

MEDIUM
Bihar Cooperative Bank Assistant Manager Mains
IMPORTANT

What is the Net Owned Fund (NOF) required to commence or carry on business for a Non-Banking Financial Company (NBFC)? 

MEDIUM
Bihar Cooperative Bank Assistant Manager Mains
IMPORTANT

The NBFCs are allowed to accept/renew public deposits for a period of _____.

EASY
Bihar Cooperative Bank Assistant Manager Mains
IMPORTANT

Which of the following facts is/are TRUE about the NBFCs?

MEDIUM
Bihar Cooperative Bank Assistant Manager Mains
IMPORTANT

What is the present ceiling rate of interest offered by the NBFCs as per the RBI guideline?

MEDIUM
Bihar Cooperative Bank Assistant Manager Mains
IMPORTANT

Which of the following is/are the types of NBFCs?

MEDIUM
Bihar Cooperative Bank Assistant Manager Mains
IMPORTANT

Which of the following is TRUE with regard to NBFCs?