Consider the following Statements regarding Non-Banking Finance Institutions(NBFCs): NBFCs can also engage in Micro-Finance Activities. Housing-finance companies form a distinct sub-group of the NBFCs. The deposit insurance facility of the Deposit Insurance and Credit Guarantee Corporation is not available for NBFC depositors. Which among the above Statement(s) is/are not correct?
Q. Consider the following Statements regarding Non-Banking Finance Institutions(NBFCs): NBFCs can also engage in Micro-Finance Activities. Housing-finance companies form a distinct sub-group of the NBFCs. The deposit insurance facility of the Deposit Insurance and Credit Guarantee Corporation is not available for NBFC depositors. Which among the above Statement(s) is/are not correct?
Answer: None of them
Notes: