When did the National Housing Bank start its operations?

When did the National Housing Bank start its operations?

A. July, 1982

B. July, 1988

C. April, 1980

D. March, 1971

Answer: July, 1988

More Financial Law MCQs and Answers

1. The performance of which scheme does the National Housing Bank monitor?

2. When did the National Bank of Agriculture and Rural Development establish?

3. When did the government acquire RBI’s shareholding (72.5%) in NABARD?

4. When did the National Housing Bank start its operations?

5. Who works as RBI’s agent at places where it has no office of its own?

6. Which of the following is true about the functions performed by RBI

7. Which among the following is incorrect?

8. Which of the following is true about the restrictions on RBI?

9. According to which guidelines did the Government pick up the entire SBI shares held by the RBI?

10. What is the full form of CBS?

11. ‘Subprime lending’ is a term applied to the loans made to

12. Which among the following is the act of taking on a risk for a fee?

13. Which among the following is called the rate of interest charged by RBI for lending money to various commercial banks by rediscounting of the bills in India?

14. Which of the following are to be followed by Commercial Banks for risk management?

15. What is the full form of CRR?

16. Which one of the following is the rate at which the RBI lends money to commercial banks in the event of any shortfall of funds?

17. Who sets up ‘Base Rate’ for Banks?

18. Priority sector includes:

19. The credit control methods adopted by RBi includes:

20. Which of the following are qualitative control methods

21. Which of the following are quantitative control methods

22. RBI promotes commercial banking by

23. Which act has given control & supervision powers to RBI over commercial banks

24. The merit of issuing notes with RBI can be seen in

25. Central Bank_______Credit

26. Objective of monetary policy is to:

27. Which of the following policy refers to policy measure taken by RBI to control & regulate money supply?

28. When RBI is the lender of last resort what does it mean?

29. Bank rate means

30. Which of the following statement is incorrect about Central Bank?

31. RBI pays interest on CRR balances of banks at

32. Fiscal policy refers to

33. Consider the following statements about ADR

34. Which one of the following Banks in India had started the special promotional and developmental activities to meet the twin objectives of balanced regional development and accelerated industrial growth in the country?

35. Which one of the following development Financial Institutions in India has started the special refinance scheme for the resettlement and rehabilitation of Voluntary Retired workers of the National Textile Corporation (NIC)?

36. Consider the following statements about SIDBI

37. The National Housing Bank (NHB) was set up in India as a wholly-owned subsidiary of

38. Open market operations, one of the measures taken by RBI in order to control credit expansion in the economy, means

39. The performance of which scheme does the National Housing Bank monitor?

40. Which one among the following formulates the fiscal policy in India?

41. Legislation gives which body the power to specify a code of conduct for surveyors and loss assessors?

42. What are the functions of IRDA?

43. An instrument representing ownership interest in securities of a foreign issuer is referred to as

44. Depositary receipts that are traded in an international market other than the United States are referred to as

45. Issuance of DRs is based on the increase of demand in the

46. Which of the following does not constitute a benefit of DRs for the issuer?

47. ADRs that do not qualify or are not intended to be listed on stock exchanges are referred to as

48. Which of the following is not an advantage of ADRs?

49. Which of the following is not associated with the risk involved in ADRs?

50. Level 1 is the most basic type of ADR where the foreign company

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