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 term for goods that are used together, such as cars and fuel?
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View QuestionWhat is “quantitative easing”?
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View QuestionWhat is the “law of diminishing marginal utility”?
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View QuestionWhich organization publishes the Human Development Index (HDI)?
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