CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following Non-Banking Financial Companies certificate registration was approved by Reserve bank of India
A
Eureka Finvest Private Ltd
B
Novoflex Tradecom Private Limited
C
Guide Investments and Trading Co. Pvt. Ltd
D
Enol Ventures Private Limited
Explanation: 

Detailed explanation-1: -NBFIs regulated by the Reserve Bank 2 comprise non-banking financial companies (NBFCs), housing finance companies (HFCs), all-India financial institutions (AIFIs), and primary dealers (PDs).

Detailed explanation-2: -Examples of nonbank financial institutions include insurance firms, venture capitalists, currency exchanges, some microloan organizations, and pawn shops.

There is 1 question to complete.