Multiple choice

Which of the following statements is correct regarding National Housing Bank?1.It is an apex bank for housing finance.

  1. It can make a plan for raising funds and providing loans for housing.
  2. It cannot raise its resources through issuance of debentures.

  1. 1

  2. 1 and 2

  3. 2 and 3

  4. 1, 2 and 3
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

NHB is the apex body for housing finance in India and has the authority to plan and raise funds. It is authorized to raise resources through various instruments, including debentures.

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