63.
Which of the following category/s RBI has decided to merge NBFCs into a single category to provide greater operational flexibility to non-banking lenders?

64.
Which of the following statements are true in context of Budget 2021-22 for the consolidation in the banking and insurance sector?

66.
Which of the following can be described as the important functions of financial system?
1. It enables the pooling of funds for setting up large scale enterprises.
2. It provides a way for managing risk and uncertainry.
3. It provides a mechanism for spatial and temporal transfer of resources.
4. It generates information that helps in coordinating decentralized decision-making.

67.
Which of the following is the best description of what insurance is?