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 an example of a capital receipt for the government?
View QuestionWhat is “open market operations” (OMO)?
View QuestionWhat is the main function of the Reserve Bank of India (RBI)?
View QuestionWhat is the significance of “Purchasing Power Parity” (PPP)?
View QuestionWhich of the following is NOT an example of a direct tax?
View QuestionWhich organization is responsible for estimating India’s Gross Domestic Product (GDP)?
View QuestionWhat is meant by “marginal propensity to consume”?
View QuestionWhat is the main aim of the “Startup India” initiative?
View QuestionWhat is the meaning of "fiscal deficit"?
View QuestionWhat is the meaning of “dumping” in international trade?
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