BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is the principle business carried out by NBFC?
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Hire purchasing finance
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Housing finance
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Investment and loan
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All of the above
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Explanation:
Detailed explanation-1: -Residuary Non-Banking Company is a class of NBFC which is a company and has as its principal business the receiving of deposits, under any scheme or arrangement or in any other manner and not being Investment, Asset Financing, Loan Company.
There is 1 question to complete.