Prelims 2022: Current Affairs Based MCQs
Prelims 2022: Questions & .... Total Questions: 25
1. 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
B
Both 1 and 2
C
Only 2
D
None of the Above
1. 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
|
|
| B |
Both 1 and 2
|
|
| C |
Only 2
|
|
| D |
None of the Above
|
|
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