Non-Banking Financial Companies are regulated by: MCQ with Answer and Explanation

Question

Share Report Error

Non-Banking Financial Companies are regulated by:

A. Ministry of Finance

B. SEBI

C. IRDA

D. Reserve Bank of India

Answer: Option D

Solution (By JKSSB Mock Tests)

NBFCs are regulated by the Reserve Bank of India.

This question belongs to: Economy GK Economy Set 1

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Economy Set 1 Questions

Question #1

The 'Goods and Services Tax' on accounting services is:

A. 5%

B. 12%

C. 18%

D. 28%

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option C

Explanation:
Accounting services attract 18% GST.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Form 26AS' is an income tax document that shows:

A. salary only

B. tax deducted and deposited against PAN

C. stock holdings

D. bank statements

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option B

Explanation:
Form 26AS shows tax deducted and deposited against a PAN.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'MUDRA' loans are extended to:

A. micro and small enterprises

B. multinational corporations

C. large industries

D. state governments

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option A

Explanation:
MUDRA provides loans to micro and small enterprises.

This question belongs to: Economy GK Economy Set 1

Explore All Economy Set 1 MCQs