Question Detail

National Housing Bank (NHB) was established in ?

1988
1989
1990
1991

Answer: Option A

Explanation:

Its main function is to develop housing finance in the country.

Similar Questions :

1. Who is known as father of economics ?

Adam Smith
Max Muller
Joy Chaterjee
Amritya Sen

Answer: Option A

2. First five year plan was based on ?

Herold -Domar Model
P.C. Mahalanobis Model
Both of above
None of above

Answer: Option A

Explanation:

Second five year plan (1956-1961) was based on P.C. Mahalanobis Model.

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

Planning Commission
Finance Commission
The Reserve Bank of India
Ministry of Finance

Answer: Option D

4. Deficit financing implies :

printing new currency notes
public revenue in excess of public expenditure
public expenditure in excess of public revenue
replacing new currency with worn out currency

Answer: Option C

5. What is term Hot Money used for ?

black money
white money
a money which is hard to come but easy to go
a money which comes easily and goes easily too

Answer: Option D

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