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Test # 621 [14-Mar-2018]


1.
Recently (in year 2010) we read in the newspapers that Reserve Bank of India is planning to amend its rules to control the non banking finance companies (NBFCs) from misusing the liberal rules governing limited liability partnership (LLP) firms as more and more NBFC turning themselves to LLPs. Which
among the following is the most appropriate reasons why the LLPs are getting so much popular among these NBFCs?

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