Q: Which one of the following statements about Non-Banking Financial Companies (NBFCs) is not correct?
(a)NBFCs cannot accept demand deposits.
(b)NBFCs cannot give loans.
(c)NBFCs cannot issue cheques drawn on themselves.
(d)NBFCs cannot offer deposit insurance facility of Deposit Insurance and Credit Guarantee Corporation.
Correct Answer: (b)
The correct answer is (c) 'NBFCs अपने नाम पर आहरित चेक जारी नहीं कर सकती हैं।'. This question from the General Studies domain tests knowledge of Miscellaneous.