Multiple Choice
Consider the following statements
1) Chit Funds are type of NBFC
2) All NBFCs are ruled by RBI
3) RBI said any purchase of a stake of 26% or more in a company, or a change in more than 30% of its directors, would need the central bank's permission.
Which of the above statements is/are correct?
A) 1,2
B) 2,3
C) 1,3
D) All
Correct Answer:
Verified
Correct Answer:
Verified
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