The 'National Housing Bank' is a subsidiary of: MCQ with Answer and Explanation

Question

Share Report Error

The 'National Housing Bank' is a subsidiary of:

A. SEBI

B. Reserve Bank of India

C. NABARD

D. SIDBI

Answer: Option B

Solution (By JKSSB Mock Tests)

The National Housing Bank is a wholly owned subsidiary of the RBI.

This question belongs to: Economy GK Economy Set 1

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Economy Set 1 Questions

Question #1

Share Report

Which of the following is a major objective of the Goods and Services Tax in India?

A. To eliminate all central taxes

B. To create a unified national market and reduce cascading effect

C. To increase cascading of taxes

D. To increase the number of indirect taxes

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option B

Explanation:
GST aims to create a common national market, eliminate the cascading effect of taxes through input tax credit, and simplify the indirect tax structure.

This question belongs to: Economy GK Economy Set 1

Question #2

Share Report

The Gini coefficient value of zero indicates:

A. perfect inequality

B. high poverty

C. perfect equality of income distribution

D. no unemployment

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option C

Explanation:
A Gini coefficient of zero indicates perfect equality in income distribution.

This question belongs to: Economy GK Economy Set 1

Question #3

Share Report

The 'Foreign Direct Investment' policy in India is formulated by:

A. SEBI

B. NITI Aayog

C. RBI

D. Department for Promotion of Industry and Internal Trade

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option D

Explanation:
FDI policy is formulated by the Department for Promotion of Industry and Internal Trade.

This question belongs to: Economy GK Economy Set 1

Explore All Economy Set 1 MCQs