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Commerce · Q706

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 706

Q706

Which one of the following statement is correct?

A.
General insurance corporation provides cover for life risks
B.
NBFC take deposits from the public
C.
NABARD was established on the recommendations of Narasimham Committee-I (1991)
D.
IDBI, NABARD have been notified as Public Financial Institutions (PFls) under Companies Act, 1956
Answer

Answer: Option D

Solution

Answer: Option D
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