Banking Awareness Quiz – Set 194(National Housing Bank)

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Welcome to Banking Awareness Quiz in AffairsCloud.com. Here we are creating quiz covering important questions which are common for all the bank exams and other competitive exams.

1. National Housing Bank (NHB), a wholly owned subsidiary of _______
   A. RBI
   B. GOI
   C. SBI
   D. All of these
   E. None of these
   

   Answer & Explanation

   A. RBI
   Explanation:
   National Housing Bank (NHB), a wholly owned subsidiary of RBI.
   
   
2. National Housing Bank (NHB) was set up under the ________
   A. National Housing Bank Act, 1986.
   B. National Housing Bank Act, 1985.
   C. National Housing Bank Act, 1987.
   D. National Housing Bank Act, 1988.
   E. None of these
   

   Answer & Explanation

   C. National Housing Bank Act, 1987.
   Explanation:
   National Housing Bank (NHB) was set up under the National Housing Bank Act, 1987.
   
   
3. NHB is an apex financial institution for _______
   A. investments
   B. housing
   C. insurance
   D. companies
   E. Both (B) and (C)
   

   Answer & Explanation

   B. housing
   Explanation:
   NHB is an apex financial institution for housing.
   
   
4. Which of the following is the regulator of Housing Finance Company(HFCs)?
   A. RBI
   B. SBI
   C. GOI
   D. NHB
   E. None of these
   

   Answer & Explanation

   D. NHB
   Explanation:
   NHB registers, regulates and supervises Housing Finance Company (HFCs).
   
   
5. The Head Office of NHB is at ______
   A. New Delhi
   B. Mumbai
   C. Hyderabad
   D. Bengaluru
   E. None of these
   

   Answer & Explanation

   A. New Delhi
   Explanation:
   The Head Office of NHB is at New Delhi.
   
   
6. The authorized and paid up capital of the National Housing Bank shall be ________
   A. 100 crore
   B. 150 crore
   C. 250 crore
   D. 350 crore
   E. None of these
   

   Answer & Explanation

   D. 350 crore
   Explanation:
   The authorized and paid up capital of the National Housing Bank shall be three hundred and fifty crores of rupees
   
   
7. NHB may increase the authorized capital up to ________
   A. 1000 crore
   B. 1500 crore
   C. 2000 crore
   D. 350 crore
   E. None of these
   

   Answer & Explanation

   C. 2000 crore
   Explanation:
   NHB may increase the authorized capital up to 2000 crore.
   
   
8. The National Housing Bank may establish _____ at any place in India.
   A. Offices
   B. Branches
   C. Agencies
   D. All of these
   E. None of these
   

   Answer & Explanation

   D. All of these
   Explanation:
   The National Housing Bank may establish offices, branches or agencies at any place in India.
   
   
9. NHB is a ______
   A. Limited Liability
   B. Private Limited
   C. Public Limited
   D. Community Interest
   E. None of these
   

   Answer & Explanation

   C. Public Limited
   Explanation:
   NHB is a Public Limited Company.
   
   
10. NHB can Issue and sell bonds and debentures with or without the guarantee of the ______
    A. RBI
    B. NABARD
    C. SEBI
    D. GOI
    E. Both (C) and (D)
    

    Answer & Explanation

    D. GOI
    Explanation:
    NHB can Issue and sell bonds and debentures with or without the guarantee of the Central Government