Financial Markets and Institutions MCQ: Which of the following statements is/are correct? 1. NBFCs does not hold a banking license. 2. NBFC can issue Demand Drafts like banks.

← All Financial Markets and Institutions questions

Which of the following statements is/are correct? 1. NBFCs does not hold a banking license. 2. NBFC can issue Demand Drafts like banks.

Correct Answer: Only 1

Make the most of this question

This page focuses on one Financial Markets and Institutions question from Faculty. After checking the answer, return to the topic list to practice more or run a timed set.

← More Financial Markets and Institutions MCQs All Faculty topics Mock test hub