Discuss Forum
1. NBFIs constitute of which of the following?
- A. banks and leasing firms
- B. banks and leasing firms
- C. banks and leasing firms
- D. banks and leasing firms
Answer: Option B
Explanation:
A non - banking financial institution (NBFI) or non - bank financial company (NBFC) is a financial institution that does not have a full banking license or is not supervised by a national or international banking regulatory agency. NBFC facilitate bank - related financial services, such as investment, risk pooling, contractual savings, and market brokering.
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