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.
Which of the following is NOT an example of an indirect tax?
View QuestionWhat is meant by “structural unemployment”?
View QuestionWhich term refers to an economy that has elements of both capitalism and socialism?
View QuestionWhat does “inclusive banking” mean?
View QuestionWhat is the objective of the Goods and Services Tax (GST)?
View QuestionWhat is the main function of the Reserve Bank of India (RBI)?
View QuestionWhat is the meaning of “disguised unemployment”?
View QuestionWhat is the main aim of Public Distribution System (PDS) in India?
View QuestionWhich of the following is an example of a renewable resource?
View QuestionWhat is meant by “monetary policy”?
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