Question
Consider the following statements regarding the National
Housing Bank: 1. It is a refinancing agency and provides financial and other supports to the housing finance institutions. 2. It also regulates the housing finance companies. 3. It is a fully government-owned agency. Which of the above statements is/are correct?Solution
Statement 1 is correct: The National Housing bank operates as a principal agency to promote housing fi nance institutions. Statement 2 is incorrect: The government has taken away the powers of the National Housing Bank to regulate housing fi nance companies and handed them to the Reserve Bank of India. Statement 3 is correct: It is a fully government-owned agency now since it is owned by RBI. National Housing bank operates as a principal agency to promote housing fi nance institutions both at local and regional levels and to provide financial and other support to such institutions.
The revenue recognition principle dictates that all types of incomes should be recorded or recognized when
According to the India State Forest Report 2021, which state has shown the highest increase in forest cover?
Which of the following is produced when hydrochloric acid reacts with water?
The property/properties that must be possessed by a material to be chosen for making heating element of heating devices are:
(i) high melting poi...
What is the result when the smallest fraction is subtracted from the largest fraction among the given values: 3/4, 9/2, 5/6, 2/3, and 4/5?
Which of the following is/are incorrect in regards to Veer Bal Diwas?
1.It was celebrated in 2021 for the 1st time.
2.It will be celebrate...
When did the LPG reform Budget was introduced in 1991?
Which creates an opportunity for the producers to reach beyond the domestic markets?
1st ASEAN-India Start-up Festival 2022 was held at ______________ .
Study the diagram and answer the question that follows.
A = Academicians, E = Teachers, D = Women, B = Men, and C = Doctors. The numbers inside t...
Relevant for Exams:
