Q.
1

(A) All NBFC should be registered with RBI

(B) NBFCs cannot accept demand deposits

(C) NBFCs do not form part of the payment and settlement system and cannot issue cheques drawn on itself

(D) Deposit insurance facility Deposit Insurance and Credit Guarantee Corporation is not available to depositors of NBFCs

Choose the correct answer from the options given below :

  • A

    (A), (B), (C) only

  • B

    (A), (B), (C), (D) only

  • C

    (A), (B), (D), only

  • D

    (A), (D) only