Current Affairs Question - 18 May 2022
India Watch
Nidhi Companies
Consider the following statements with reference to the Nidhi Companies:
- Nidhi companies cannot accept Deposit from the public, nor lend to the public, so they are not purely NBFCs, and out of the scope of RBI.
- It cannot carry any business related to chit fund, hire purchase finance, leasing finance, insurance, or acquisition of securities issued by anybody corporate.
Which of the statements given above is/are correct?
| A |
Only 1
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|
| B |
Both 1 and 2
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|
| C |
Only 2
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|
| D |
None of the Above
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|
India Watch
National Panchayati Raj Day
With reference to the National Panchayati Raj Day, consider the following statements:
- It is celebrated every year on the 25th of April.
- The day marks the enactment of the 73rd amendment of the Constitution in 1993, which came into force with effect from 24th April 1993.
- The first National Panchayati Raj Day was celebrated in 2011.
Which of the statement(s) given above is/are incorrect?
| A |
Only 1
|
|
| B |
2 and 3
|
|
| C |
1 and 3
|
|
| D |
Only 3
|
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