it is subsection 3 (300.3(B)(3)) not an exception and it deals with not just non metallic but all non ferrous wiring methods.
Example where I most often use this permission is with type NM cable. Say you have a bath exhaust fan with light and heater - I may run power to the switch location, then two two wire cables to the unit. One cable has the grounded conductor and the heater lead, the other cable has the light and fan leads and both those use the grounded conductor in the other cable. Most the time the switch box is non metallic so no problems with induction there, to comply with 300.20(B) at the unit which is usually ferrous they need to enter the same KO entry or have slot cut between entries, which from the magnetic effects essentially makes it same as one hole.
Ever notice for some old metallic device boxes that were original to K&T wiring will have a slot between the entry holes? They knew about this inductive effect way back then.