Which of the following statements is/are correct? 1. NBFCs does not hold a banking license. 2. NBFC can issue Demand Drafts like banks.

Which of the following statements is/are correct? 1. NBFCs does not ho

1.	Which of the following statements is/are correct? 1. NBFCs does not hold a banking license. 2. NBFC can issue Demand Drafts like banks.
A.	Only 1
B.	Only 2
C.	Both
D.	None
Answer» B. Only 2

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Which of the following statements is/are correct? 1. NBFCs does not hold a banking license. 2. NBFC can issue Demand Drafts like banks.

Which of the following statements is/are correct? 1. NBFCs does not hold a banking license. 2. NBFC can issue Demand Drafts like banks.

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Which of the following statements is/are correct?
1. NBFCs does not hold a banking license.
2. NBFC can issue Demand Drafts like banks.