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) was set up in 1988 as a wholly-owned subsidiary of the Reserve Bank of India to act as an apex level institution for housing finance.