Multiple choice

It is compulsory for non-banking financing companies to get themselves registered with

  1. RBI

  2. SEBI

  3. Government of India

  4. NABARD

  5. None of these
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A Correct answer
Explanation

Non-banking financial companies (NBFCs) are required to register with the Reserve Bank of India (RBI) to operate legally. This regulatory framework ensures oversight of financial entities that perform banking-like functions without meeting the legal definition of a bank.

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