Which of the following statements is/are correct? A) NBFCs does not hold a banking license. B) NBFC can issue Demand Drafts like banks. | Faculties

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Mr. Dubey

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📊 Banking and Finance 2

Q. Which of the following statements is/are correct? A) NBFCs does not hold a banking license. B) NBFC can issue Demand Drafts like banks.

(A) Only A
(B) Only B
(C) Both
(D) None

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✅ Correct Answer: (A) Only A

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