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.


Discussion

No Comment Found