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Question

National Housing Bank was set up in which year?

The correct answer is
1983

National Housing Bank Establishment Year

The National Housing Bank (NHB) was established in the year 1983.

NHB was set up by an Act of Parliament, namely the National Housing Bank Act, 1987, to function as a principal financial institution for the housing sector.

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Important Questions from Financial Institutions

  1. The organisation incorporated for retail payment and settlement systems in India is

  2. Indian national strategy for financial inclusion, 2019-24 aims at:

    A. Broadening and deepening of financial inclusion

    B. Digitisation and seamless facilitation of financial transactions

    C. Access to formal financial services in an affordable manner.

    D. Women empowerment and strengthening self help group (SHG) ecosystems.

    E. Promoting financial literacy and consumer protection

    Choose the most appropriate answer from the options given below:

  3. The Industrial Finance Corporation of India (IFCI) was established in:
  4. _______ was the first Development Financial Institution of India set up to propel economic growth through development of infrastructure and industry in _______.

  5. Which of the followings are the national financial institutions?

    (A) Industrial Development Bank of India

    (B) Industrial Finance Corporation of India

    (C) The State Industrial Development Corporation

    (D) United Nations Development Programme

    (E) State Financial Corporations.

    Choose the correct answer from the options given below:

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