Economics · Banking and Financial Institutions
Which of the following functions cannot be performed by a Non-Banking Financial Company (NBFC) in India?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Accept demand deposits from the public and issue cheques drawn on itself✓
- 2Borrow from banks
- 3Make investments
- 4Give loans
Correct answer
Accept demand deposits from the public and issue cheques drawn on itself
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Banking and Financial Institutions MCQs →Want more practice questions on Banking and Financial Institutions?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Banking and Financial Institutions