BUISENESS MANAGEMENT
TAXES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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These are the examples of non-banking financial companies except
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Hedge funds
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Loan services
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Money market funds
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Mortgage lenders
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Explanation:
Detailed explanation-1: -Examples of nonbank financial institutions include insurance firms, venture capitalists, currency exchanges, some microloan organizations, and pawn shops.
Detailed explanation-2: -Detailed Solution. The correct answer is LIC.
Detailed explanation-3: -Detailed Solution. Bank of India is a Commercial Bank and not an NBFC.
Detailed explanation-4: -Non-financial corporations include the following entities: legally constituted corporations, branches of non-resident enterprises, quasi-corporations, notional resident units owning land, and resident non-profit institutions that are market producers of goods or non-financial services.
There is 1 question to complete.