Consider the following statements1. Chit Funds are type of NBFC2. All NBFCs are ruled by RBI3. RBI said any purchase of a stake of 26% or more in a company, or a change in more than 30% of its directors, would need the central bank's permission.Which of the above statements is/are correct?

Consider the following statements1. Chit Funds are type of NBFC2. All

1.	Consider the following statements 1. Chit Funds are type of NBFC 2. All NBFCs are ruled by RBI 3. RBI said any purchase of a stake of 26% or more in a company, or a change in more than 30% of its directors, would need the central bank's permission. Which of the above statements is/are correct?
A.	1,2
B.	2,3
C.	1,3
D.	All
Answer» D. All

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Consider the following statements1. Chit Funds are type of NBFC2. All NBFCs are ruled by RBI3. RBI said any purchase of a stake of 26% or more in a company, or a change in more than 30% of its directors, would need the central bank's permission.Which of the above statements is/are correct?

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Consider the following statements
1. Chit Funds are type of NBFC
2. All NBFCs are ruled by RBI
3. RBI said any purchase of a stake of 26% or more in a company, or a change in more than 30% of its directors, would need the central bank's permission.
Which of the above statements is/are correct?