BANKING GENERAL KNOWLEDGE
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Which Bank has signed an MoU with National Housing Bank for the Rural Housing Interest Subsidy Scheme (RHISS) of the Ministry of Rural Development?
|
|
Punjab National Bank
|
|
|
Indian Overseas Bank
|
|
|
Bank of India
|
|
|
State Bank of India
|
Explanation:
Detailed explanation-1: -National Housing Bank (NHB) | Department of Financial Services | Ministry of Finance | Government of India.
Detailed explanation-2: -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. 3.
Detailed explanation-3: -NHB is a statutory body that has been set up by the Parliament. NHB is wholly owned by the Government of India post the 24 April 2019 notification of RBI i.e. the entire paid-up capital of NHB is held by the government.
There is 1 question to complete.