Vidyalelo
Commerce · Q93

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 93

Q93

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

A.
1 is correct
Answer
B.
2 is correct
C.
1 and 2 is correct
D.
None of the above

Answer: Option A

Solution

Answer: Option A
No explanation is given for this question Let's Discuss on Board