Which of the statements given above is/are correct?
A. 1 and 2 only
B. 1 and 3 only
C. 3 only
D. 1,2 and 3
Answer:D
Which of the statements given above is/are correct?
A. 1 and 2 only B. 1 and 3 only C. 3 only D. 1,2 and 3
Explanation: The companies doing Niche business, viz. borrowing from members and lending to members only, are known under. Different names such as Nidhi Permanent Fund Benefit Funds, Mutual Benefit Funds and Mutual Benefit Company