Q399
With reference to non-banking financial companies (NBFCs) in India, which of the following statement/s is/are correct? 1. They can offer any rate of interest subject to their financial capacity. 2. They cannot accept deposits repayable on demand.
A.
1 only
B.
2 only
AnswerC.
Both 1 and 2
D.
Neither 1 nor 2
Answer: Option B
Solution
Answer: Option B
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