67 – NBFC – Factors

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Which of the following statements is true regarding Ombudsman Scheme for NBFC?

Section 45L of the RBI Act, 1934 confers powers on RBI to notify such scheme

NBFCs having customer interface, with assets size of one billion rupees or above are eligible to be

The scheme is initially being introduced at the four metro centers

All of the above

Which among the following NBFC is not excluded from the Ombudsman scheme for NBFC?

Deposit accepting NBFCs

NBFC-IFC

Core Investment Company (CIC)

IDF-NBFC

Which of the following is true regarding NBFC?

NBFC provides banking services to people without holding bank license

NBFC can accept demand deposits

NBFC is a part of payment and settlement

NBFC can issue checks drawn on itself

How much percent of foreign investment is allowed for NBFC?

50%

25%

100%

Which of the following is the principle business carried out by NBFC?

Hire purchasing finance

Housing finance

Investment and loan

All of the above

67 - NBFC – Factors