Subject: Economics
Book: Comprehensive Indian Economy - Additional Topics
Non-banking financial companies (NBFCs) offer credit outside traditional banking channels—supporting SMEs, vehicle loans, and consumer finance. However, unbridled growth risks liquidity mismatches and defaults. The IL&FS crisis highlighted the need for tighter RBI oversight on asset-liability management. Exams focus on how NBFC expansions complement banks yet require prudent regulation to prevent systemic shocks and ensure depositors’ protection.
What is the “law of diminishing marginal utility”?
View QuestionWhat does the term “elasticity of demand” measure?
View QuestionWhat is the main objective of disinvestment in public sector undertakings (PSUs)?
View QuestionWhat is the main feature of a free-market economy?
View QuestionWhich of the following is NOT an example of a direct tax?
View QuestionWhat is “inflation targeting”?
View QuestionWhat is the main aim of Public Distribution System (PDS) in India?
View QuestionWhat does the “Human Development Index” measure?
View QuestionWhich of the following is an example of a capital receipt for the government?
View QuestionWhich of the following best describes “capital formation”?
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