MCQOPTIONS
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| 1. |
Read the following statements carefully:1.On 22 February 2019, the Reserve Bank of India created a single category of Non Banking Financial Company (NBFC) by merging their present three-tier structure.2.Asset finance, loan, and investment companies have been merged into a new category called NBFC- Investment and Credit Companies.3.This will provide greater operational flexibility to NBFCs.Which of the above statements is/are correct? |
| A. | Only 2 |
| B. | Only 1 and 2 |
| C. | Only 1 and 3 |
| D. | Only 2 and 3 |
| E. | All are correct |
| Answer» F. | |