National Housing Bank MCQ for RBI Grade B

Dear aspirants,
We are presenting you the National Housing Bank MCQ for RBI Grade B Finance Section of the exam.These questions will cover the topics on NHB which are very important from exam point of view. Read the article on National Housing Bank before attempting the questions. Also do read the answers provided at the end of quiz.

Q1. Who was the chairman of high-level group who recommended the set of National Housing Bank (NHB)?

1. M Narasimham
2. R N Malhotra
3. Dr Manmohan Singh
4. Rangarajan

Q2. Under which act National Housing Bank was set up as an apex institute of housing finance in the country?

1. National Housing Bank Act, 1986
2. National Housing Bank Act, 1987
3. National Housing Bank Act, 1988
4. National Housing Bank Act, 1989

Q3. When did National Housing Bank set up?

1. 1^st July 1987
2. 9^th July 1987
3. 1^st July 1988
4. 9^th July 1988

Q4. Who is the largest shareholder of National Housing Bank?

1. Reserve Bank of India
2. Government of India
3. NABARD
4. State Bank of India

Q5. Where does headquarters of National Housing Bank situated?

1. Mumbai
2. Hyderabad
3. New Delhi
4. Kolkata

Q6. Who regulates the housing finances companies in India?

1. Reserve Bank of India
2. National Housing Bank
3. SEBI
4. Government of India

Q7. Who is the current MD and CEO of National Housing Bank?

1. Dakshita Das
2. Prasanna Kumar Mohanty
3. Pankaj Jain
4. Prasant Kumar

Q8. Who launched the first housing price index ‘RESIDEX’ in India?

1. NABARD
2. NHB
3. BSE
4. NSE

Q9. When did RESIDEX launched to monitor housing prices in prominent cities in the country?

1. 2003
2. 2005
3. 2006
4. 2007

Q10. As on date, how many cities are covered by RESIDEX?

1. 26
2. 40
3. 50
4. 100

Answers

1. 4
   The High Level Group under the Chairmanship of Dr. C. Rangarajan, the then Deputy Governor, RBI examined the proposal and recommended the setting up of National Housing Bank as an autonomous housing finance institution
2. 2
   National Housing Bank (NHB) was set up under the National Housing Bank Act, 1987.
3. 4
   National Housing Bank (NHB) was set up on 9 July 1988 under the National Housing Bank Act, 1987.
4. 1
   National Housing Bank (NHB) is a wholly owned subsidiary of Reserve Bank of India (RBI)
5. 3
   The Head Office of NHB is at New Delhi
6. 2
   The National Housing Bank (NHB) regulates lending to housing by Housing Finance Companies or HFCs
7. 1
8. 2
9. 4
   RESIDEX, the country’s first housing price index was launched by NHB in 2007.
10. 3
    REXIDEX tracks the housing price of 50 cities in the country.

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