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Indian economy miscellaneous

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Indian economy miscellaneous
  1. Which one is not included in NonBanking Financial Institutions (NBFIs)?
    1. EXIM
    2. SIDBI
    3. NABARD
    4. BOI
Correct Option: D

A non-bank financial institution is a financial institution that does not have a full banking license or is not supervised by a national or international banking regulatory agency. NABARD, EXIM, SIDBI are examples of NBFIs. Bank of India (BoI) is a Mumbai-headquartered commercial bank that has been governmentowned since nationalization in 1969.


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