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      Question

      Which of the following financial institution is

      responsible for the development of housing finance sector in India ?
      A RBI Correct Answer Incorrect Answer
      B EXIM Correct Answer Incorrect Answer
      C NABFID Correct Answer Incorrect Answer
      D NHB Correct Answer Incorrect Answer
      E SIDBI Correct Answer Incorrect Answer

      Solution

      National Housing Bank (NHB) is the apex development financial institution for housing in india , It is the principal agency to promote housing finance institutions and provider of low-cost long-term-liquidity to them.  

      Established in 1988, NHB is headquartered in New Delhi. It is responsible for promoting a sound, healthy, viable and cost effective housing finance system to cater to all segments of the population and to integrate the housing finance system with the overall financial system.  

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