Banking Sample Paper SBI Clerk Grade (Main) Sample Test Paper-2

  • question_answer
    Reserve Bank of India cancelled the certification of registration of four Non-Banking Financial Companies (NBFC) in February 2016. Which of the following NBFC is not one of them?

    A)  Goyal Commercial Pvt. Ltd

    B)  First Debt Management Co. of India

    C)  Nostalgia Finvest Private Limited

    D)  Narad Realtors Private Limited

    E)  Ankur Finvest Co. of India

    Correct Answer: E

    Solution :

     RBI, on 8 February 2016, cancelled the certificate of registration of four non-banking financial companies in exercise of the powers under the Reserve Bank of India Act. 1934. Goyal Commercial Pvt. Ltd and First Debt Management Co. of India Ltd are the NBFCs belonging to Kolkata, while Nostalgia Finvest Private Limited and Narad Realtors Private Limited belong to Mumbai.


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