According to accepting public deposits, NBFCs can be classified into ____ broad categories. A. Two B. Three C. Four D. All of the Above E. None of the Above

1 Answer

Answer :

A. Two Explanation: According to accepting public deposits, NBFCs can be classified into two broad categories, viz.,  (i) NBFCs accepting public deposit (NBFCs-D) (ii) NBFCs not accepting/holding public deposit (NBFCs-ND).

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