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Banking General Awareness Banking Regulation System of India Question Bank Previous Years Questions - Credit Functions of Banks

  • question_answer
    Which of the following is not correct regarding the Systemically Important Non- deposit taking NBFCs (NBFC-ND Sis)? [IBPS 2014]

    A)  They came into being in the wake of the recent global recession

    B)  NBFCs with assets of Rs. 100 crore and above are being classified as NBFC- ND-Sis

    C)  Prudential regulations are applicable to them

    D)  It was created in 2006

    E)  None of these

    Correct Answer: A

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