The working and activity of NBFCs are registered by the Reserve Bank of India within the framework of the

A)
Reserve Bank of India Act, 1934 (Chapter 10-12)
B)
Banking Regulation Act, 1949
C)
Companies Act, 1956
D)
Banking Companies Act, 1970 (Chapter No. 4)

Correct Answer : Option (C) - Companies Act, 1956


Published On : May 22, 2021
Category : Banking