Multiple choice

The National Housing Bank is a subsidiary of

  1. HDFC

  2. Reserve Bank of India

  3. NABARD

  4. UTI
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

National Housing Bank (NHB) is a subsidiary of the Reserve Bank of India, established in 1988 under the National Housing Bank Act. NHB's primary role is to regulate and supervise housing finance companies in India. Unlike HDFC which is a private entity, NHB is owned by RBI and operates as the apex regulatory body for the housing finance sector.

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