CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The World Bank Group to conduct training programmes for NBFCs.What does stands for NBFCs.
A
Non-Banking Financial Corporation
B
Non Banking Finance Companies
C
Non Bank Financial Corporation
D
Non-Banking Finance Companies
Explanation: 

Detailed explanation-1: -NBFC is called as Non-Banking Financial Company-Find out the NBFC Full Form, it’s meaning, history, types, objectives, etc at IIFL Finance in detail.

Detailed explanation-2: -1. A scholarship scheme to encourage technical and post graduation education for the widows and wards of the deceased personnel of Armed Forces and Para Military Forces is being implemented.

Detailed explanation-3: -What is a NBFC? A Non-Banking Financial Corporation is a company that is registered under the Companies Act, 1956 of the Companies Act, 2013 and is involved in the lending business, hire-purchase, leasing, insurance business, receiving deposits in some cases, chit funds, stocks, and shares acquisition, etc.

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