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 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?
A.	1,2
B.	2,3
C.	1,3
D.	All
Answer» D. All

Discussion

No Comment Found

Related MCQs

Which state tops the internet readiness index?
What is the rank of India in International Corruption Perceptions Index 2015?
Consider the following statements 1. Prevention of Corruption (Amendment) Bill 2013 frames the guidelines for commercial organizations to prevent their employees/associates from giving bribes to public servants. 2. Average trial period of cases is decreased to 2 years from 8 years. Which of the above statement is/are correct?
Panama Papers is regarding
Which of the following is/are true?1) India becomes the second country after USA to propose a levy on digital economy.2) It will be levied on all online advertisement services offered in the country by all people be they Indian or not as per the WTO norms.
Which of the following sectors are excluded from MAT?1. Corporate2. Industry3. Information Technology4. Infrastructure5. Power
Which of the following statements is / are correct?1. MAT is indirect tax.2. MAT is applicable to all companies having business in India.
Which of the following statements is/are correct about National Securities Depository Limited (NSDL)?1. Depositories Act in August 1996 paved the way for establishment of National Securities Depository Limited (NSDL).2. Upendra Kumar Sinha is chairman of NSDL.
According to IRDAI norms, which of the following statements is/are correct?1. A company has to be in the insurance business for 10 years to be eligible to list on the equity market.2. Private-sector life insurance companies with assets under management (AUMs) of more than Rs 60,000 crore will be the first ones that will have to list.
Atal Pension Yojana Service Providers comprise of1) Private Sector Banks2) Department of Posts3) Regional Rural Banks

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?

Discussion

No Comment Found

Related MCQs

Reply to Comment