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A Non-Banking Financial Company(NBFC)is a company that registered under the__________________.
  • a)
    RBI Act 1934
  • b)
    Companies Act,1956
  • c)
    NBFC Act,1956
  • d)
    Government Securities Regulation Act,1933
  • e)
    None of these
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
A Non-Banking Financial Company(NBFC)is a company that registered und...
A Non-Banking Financial Company(NBFC)is a company that registered under the Companies Act,1956.
Companies Act,1956:
In India, the Companies Act, 1956, is the most vital piece of legislation that enacts the Union Government to regulate & modify the formation, functioning, financing, and winding up of companies.
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A Non-Banking Financial Company(NBFC)is a company that registered under the__________________.a)RBI Act 1934b)Companies Act,1956c)NBFC Act,1956d)Government Securities Regulation Act,1933e)None of theseCorrect answer is option 'B'. Can you explain this answer?
Question Description
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