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Banking General Awareness Origin and Development of Banking in India Question Bank Practice Questions - Development Banks

  • question_answer
    Which of the following statements is/are correct?
    1. NBFCs do not hold a banking license.
    2. NBFCs can issue Demand Drafts like banks.

    A)  1 only                         

    B)  2 only

    C)  Both 1 and 2    

    D)  None of these

    Correct Answer: A

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