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Commerce · Q817

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 817

Q817

Which one of the following statement is correct?

A.
Small scale industries are not financed by any SFI
B.
IDBI is wholly-owned subsidiary of the Reserve Bank of India
C.
Non-banking financial institutions can also act as intermediaries
Answer
D.
Financial institutions are mainly banking institutions

Answer: Option C

Solution

Answer: Option C
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