When did the National Housing Bank start its operations? Options: A . &nbspJuly, 1982 B . &nbspJuly, 1988 C . &nbspApril, 1980 D . &nbspMarch, 1971

When did the National Housing Bank start its operations?

Question

When did the National Housing Bank start its operations?

Options:

A . July, 1982

B . July, 1988

C . April, 1980

D . March, 1971

Answer: Option B

The National Housing Bank, the apex institution of housing finance in India, is a wholly-owned subsidiary of RBI. It started operating from July 1988 with an authorized paid-up capital of RS. 450 crore.

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