Multiple choice

The National Housing Bank is a subsidiary of _____.

  1. Unit Trust of India

  2. Reserve Bank of India

  3. Life Insurance Corporation of India

  4. None of these

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The National Housing Bank (NHB) is a subsidiary of the Reserve Bank of India (RBI). It was established in 1988 to promote housing finance institutions and to provide financial and other support to such institutions.