2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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L & T Housing Finance Limited
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Ind Bank Housing Ltd
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ICICI Home Finance Company Limited
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PNB Housing Finance Ltd.
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Detailed explanation-1: -ICICI Home Finance launches “SARAL” scheme for affordable house loan.
Detailed explanation-2: -History. Home First Finance was founded in 2010 by former chairman and co-founder of Mphasis, Jerry Rao; former CEO and MD of Bank of Baroda, PS Jayakumar; and Manoj Viswanathan, who previously worked with Citigroup India.
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: -Pradhan Mantri Awas Yojana (Urban)-PMAY (U) As per PMAY(U) guidelines, the size of a house for Economically Weaker Section (EWS) could be upto 30 sq. mt. carpet area, however States/UTs have the flexibility to enhance the size of houses in consultation and approval of the Ministry.