Question:
A Non-Banking Financial Company (NBFC) is a company registered under the ..............
A Non-Banking Financial Company (NBFC) is a company registered under the ..............
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When learning about financial regulations, note the specific acts that govern different financial institutions like NBFCs, banks, and other companies.
Updated On: Apr 21, 2025
- RBI Act, 1934
- Company Act, 1956
- NBFC Act, 1956
- Government Securities Regulation, 1913
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The Correct Option is C
Solution and Explanation
A Non-Banking Financial Company (NBFC) is governed by the provisions of the NBFC Act, 1956. This act regulates the activities and registration of such companies in India.
Therefore, the correct answer is "NBFC Act, 1956."
Therefore, the correct answer is "NBFC Act, 1956."
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