Sample questions
You've seen the pattern — here are a few of the actual PYQs.
CSE2010
With reference to the Non-banking Financial Companies (NBFCs) in India, consider the following statements
- They cannot engage in the acquisition of securities issued by the government
- They cannot accept demand deposits like Savings Account
Which of the statements given above is/are correct?
- A 1 only
- B 2 only ✓
- C Both 1 and 2
- D Neither 1 nor 2
✓ Correct answer: (B)
Economy › Money/Banking/Finance
CSE1994
The difference between a bank and a Non-Banking Financial Institution (NBFI) is that
- A a bank interacts directly with customers while an NBFI interacts with banks and governments
- B a bank indulges in a number of activities relating to finance with a range of customers, while an NBFI is mainly ✓
- C a bank deals with both internal and international customers while an NBFI is mainly concerned with the finances of
- D a bank's main interest is to help in business transactions and savings/ investment activities while an NBFI's main
✓ Correct answer: (B)
Economy › Money/Banking/Finance
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