A non-banking institution that has a principal business of receiving d – McqOptions

MCQOPTIONS

1.	A non-banking institution that has a principal business of receiving deposits under any scheme or arrangement in one lump sum or in installments by way of contributions is known as?
A.	Principal non-banking company
B.	Residential non-banking company
C.	Residuary non-banking company
D.	Optional non-banking company
Answer» D. Optional non-banking company

Discussion

No Comment Found

Related MCQs

____________ allocates saving efficiently in an economy to ultimate users either for investment in real assets or for consumption.
______________is an apex institution to coordinate, supplement and integrate the activities of all existing specialized financial institutions.
Which of these DFI was primarily set up for the development of the Micro, Small and Medium Enterprise (MSME) sector?
The financial Market where debt and stocks are traded and maturity period is more than a year is classified as:
The bonds that are backed by cash flow from project and are sold to finance particular project are classified as:
An increase in productivity in a country will cause its currency to _____ because it can produce goods at a _____ price.
If a factor increases the demand for _____ goods relative to _____ goods, the domestic currency will appreciate.
The demand for domestic currency in the foreign exchange market is indicated by the following transactions in balance of payment.
Which security holders will receive arrears of the non- payment of dividends by the Company during the loss?
Which agency is exclusively concerned with the credit needs of all types agricultural and rural development?