BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Lucknow
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Chennai
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New Delhi
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Mumbai
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Detailed explanation-1: -It is under the jurisdiction of Ministry of Finance, Government of India. It was set up on 9 July 1988 under the National Housing Bank Act, 1987.
Detailed explanation-2: -Is NHB a Government owned Bank or a private Bank? National Housing Bank is a statutory organization set up on July 9, 1988 under the National Housing Bank Act, 1987. NHB is wholly owned by Reserve Bank of India, which contributed the entire paid-up capital.
Detailed explanation-3: -National Housing Bank (NHB) was set up by an Act of Parliament in 1987. NHB is an apex financial institution for housing.
Detailed explanation-4: -The National Housing Bank, the apex institution of housing finance in India, was set up as a wholly owned subsidiary of the RBI. 2.
Detailed explanation-5: -It was set up in July 1988 under the National Housing Bank Act, 1987 as the apex bank in the field of housing finance. It is a wholly-owned subsidiary of the Reserve Bank of India.