aliensbrain
  • Home
  • Study
  • Quizzes
  • 🎤AI Practicefree
  • Notebooks
  • Community
  • Sign in
Multiple choice

A Housing Finance Company can invest in other companies to the extent of........................of its net owned funds.

  1. 5%

  2. 10%

  3. 15%

  4. 20%

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

HFCs are restricted in their investments in other companies to a maximum of 5 percent of their net owned funds to prevent over-diversification into non-core areas.

Keep practicing — related questions

  • A Housing Finance Company can provide loan to a group to the extent of……………………..of its net owned funds.
  • A Housing Finance Company can provide loan to an individual to the extent of ....................of its net...
  • Commercial banks can provide loans to housing finance companies to the extent of…………………………of net owned fund...
  • Every housing finance company is required to transfer………………….of its net profit to a Reserve Fund before dec...
  • Aggregate investment of a bank in its subsidiary companies cannot exceed _____% of ____ the bank.
  • A bank can invest in the shares of a company as pledge, mortgage or absolute owner maximum to the extent of
  • The net asset value of a mutual fund investment is calculated as
  • In November 2014, which of the following housing finance companies named Shah Rukh Khan as its brand ambass...

Practice this topic

  • Financial Markets and Instruments (1985 questions)
Advertisement
© Aliensbrain | all rights reserved
  • About
  • Contact
  • Terms and Condition
  • Privacy Policy