Q. With reference to the Non-banking Financial Companies (NBFCs) in India,consider the following statements:1. They cannot engage in the acquisition of securities issued by the government.2. They cannot accept demand deposits like savings Account.Which of the statements given above is/are correct ? 

Question ID: 30019
  1. 1 only
  2. 2 only
  3. Both 1 and 2
  4. Neither 1 nor 2


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