67 - NBFC – Factors

12345678910
1).
Which of the following statements is true regarding Ombudsman Scheme for NBFC?
2).
Which among the following NBFC is not excluded from the Ombudsman scheme for NBFC?
3).
Which of the following is true regarding NBFC?
4).
How much percent of foreign investment is allowed for NBFC?
5).
Which of the following is the principle business carried out by NBFC?
6).
NBFC-Factor is related to which of the following businesses?
7).
The financial assets in the NBFC factoring business should constitute what percent of its total assets?
8).
Which of the following is related to factoring in NBFC-Factor?
9).
What is the net owned funds of NBFC?
10).
Which of the following acts defines 'Factoring Business'?
1. Which of the following statements is true regarding Ombudsman Scheme for NBFC?
[A] Section 45L of the RBI Act, 1934 confers powers on RBI to notify such scheme
[B] NBFCs having customer interface, with assets size of one billion rupees or above are eligible to be
[C] The scheme is initially being introduced at the four metro centers
[D] All of the above
2. Which among the following NBFC is not excluded from the Ombudsman scheme for NBFC?
[A] Deposit accepting NBFCs
[B] NBFC-IFC
[C] Core Investment Company (CIC)
[D] IDF-NBFC
3. Which of the following is true regarding NBFC?
[A] NBFC provides banking services to people without holding bank license
[B] NBFC can accept demand deposits
[C] NBFC is a part of payment and settlement
[D] NBFC can issue checks drawn on itself
4. How much percent of foreign investment is allowed for NBFC?
[A] 50%
[B] 25%
[C] 100%
[D] 0%
5. Which of the following is the principle business carried out by NBFC?
[A] Hire purchasing finance
[B] Housing finance
[C] Investment and loan
[D] All of the above
6. NBFC-Factor is related to which of the following businesses?
[A] Insurance
[B] Deposit
[C] Non-deposit
[D] None of the above
7. The financial assets in the NBFC factoring business should constitute what percent of its total assets?
[A] 75%
[B] 50%
[C] 100%
[D] 25%
8. Which of the following is related to factoring in NBFC-Factor?
[A] Money Market
[B] Financial transaction
[C] Financial inclusion
[D] Non of the above
9. What is the net owned funds of NBFC?
[A] Rs 7 crore
[B] Rs 10 crore
[C] Rs 2 crore
[D] Rs 5 crore
10. Which of the following acts defines ‘Factoring Business’?
[A] Factoring Act, 2011
[B] Factoring Act, 2012
[C] Factoring Act, 2010
[D] Factoring Act, 2005
Advertisement

Kindly help us to keep GKToday updated and error free. Use this form to report error or outdated information in questions. We shall rectify asap...