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NBFCs — Set 6

Banking · NBFC · Questions 5160 of 60

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1

Are NBFCs allowed to accept deposits from the general public?

2

What is the primary difference between a Bank and an NBFC regarding demand deposits?

3

Which of the following is NOT a feature of an NBFC?

4

Which authority regulates NBFCs in India?

5

What is the minimum Net Owned Fund (NOF) required for an NBFC to be registered with RBI?

6

What happens if an NBFC fails to repay its deposits?

7

Nidhi companies are a special category of NBFC. Who do they primarily deal with?

8

Which type of NBFC is specifically set up to provide loans to micro-enterprises and poor individuals?

9

An NBFC whose principal business is providing finance by making loans or advances is called a?

10

What is the maximum interest rate an NBFC can offer on public deposits?