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 sectors contributes the most to India’s GDP?
View QuestionWhat is meant by “liquidity trap”?
View QuestionWhat is meant by the term “current account deficit”?
View QuestionWhat is the “law of diminishing marginal utility”?
View QuestionWhat is the Phillips Curve?
View QuestionWhat is the primary function of the International Monetary Fund (IMF)?
View QuestionWhat does the “Phillips Curve” show?
View QuestionWhat does “primary sector” of the economy include?
View QuestionWhat does the term “capital account” refer to in the balance of payments?
View QuestionWhat is the main objective of disinvestment in public sector undertakings (PSUs)?
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