Multiple choice

Which of the following statements is correct regarding National Housing Bank?

  1. It provides refinance to scheduled commercial banks.
  2. It provides Guarantee and Underwriting services to Housing Finance institutions.
  3. It is not authorised to audit account books of Housing Finance institutions and scheduled commercial banks.

  1. 1

  2. 1 and 2

  3. 2 and 3

  4. 1, 2 and 3

  5. None of these
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Only first and second statements are correct.

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