Cannot accept demand deposit and cannot issue cheques




1.A Non Banking Financial Institution.

(01) Can accept demand deposit

(02) Can issue cheques to customers

(03) Cannot accept fixed deposit

(04) Cannot accept demand deposit and cannot issue cheques

(05) None of these

2.In each of the following questions, assuming the given statements to be true, find which of the two conclusions I and II given below them is/are definitely true.

Mark your answer as :-

Statement:- A < B,  B > C,  C > D > E,  E < F,   F < L
Conclusion:- I.  B > E            II. L > D

Explanation:

If only conclusion 1 is true

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