Which of the following statement/s is/are correct? 1. NBFCs does not hold a banking license. 2. NBFC can issue Demand Drafts like banks.

Here is a brief explanation of each option:

• Option A: NBFCs does not hold a banking license. This is correct. NBFCs are not banks and do not hold a banking license.
• Option B: NBFC can issue Demand Drafts like banks. This is incorrect. NBFCs can issue Demand Drafts, but they are not allowed to accept deposits from the public.
• Option C: 1 and 2 is correct. This is incorrect. Only Option A is correct.
• Option D: None of the above. This is correct.