Question
National Housing Bank ceased to be the regulator of
Housing Finance Companies since:Solution
NHB was the regulator of housing finance companies; however effective August 2019, the regulatory powers of NHB were transferred to RBI. This was done following the sale of the stake in NHB held by RBI to the Government of India. As such, NHB ceased to be a subsidiary of RBI in March 2019. Now, RBI is the regulator of Housing Finance Companies in India, while NHB continues to supervise the HFCs
The central Bank (RBI) buys the government security with the agreement of the resale of the security at a rate called:
What is the rank of India in the world's most powerful armies as per Global Firepower report?
Before SEBI came into existence, which of the following was the regulatory authority for capital markets?
Which statements correctly describe the Collegium system in India?
(I) The Collegium system is mentioned in the Indian Constitution.
(II) ...
What is the name of the scheme established by the Supreme Court of India to ensure the safety and security of witnesses facing threats, which is also re...
The 'Centre of Jain Manuscriptology' established at which university is funded by the Ministry of Minority Affairs with a budget of ₹40 Crore?
Which of the following payments bank has taken yet another step towards digital inclusion and announced the launch of Face Authentication-based savings ...
What is the objective of the $175 million loan signed between the Government of India and the Asian Development Bank (ADB) for the Madhya Pradesh road i...
Who authored the novel “The Loneliness of Sonia and Sunny,” shortlisted for the 2025 Booker Prize?
- By how much are India’s rice exports expected to decline in FY24 due to export restrictions?
