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This section includes 7 InterviewSolutions, each offering curated multiple-choice questions to sharpen your Current Affairs knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
The main objective(s) of National Housing Bank is/are?1). to prove and develop specialised housing finance institution for mobilisation of resources and extending finance for housing activities2). to extend refinance facilities to housing finance institutions and to scheduled banks3). to provide guarantee and underwriting facilities to housing finance institution4). All of the above |
| Answer» NATIONAL Housing Bank (NHB), a wholly owned subsidiary of Reserve Bank of India (RBI), was set up on 9 July 1988 under the National Housing Bank Act, 1987. NHB is an apex financial institution for housing. NHB has been established with an objective to OPERATE as a principal AGENCY to promote housing finance institutions both at local and regional levels and to provide financial and other support incidental to such institutions and for MATTERS connected therewith. | |