[amp_mcq option1=”New Delhi” option2=”Mumbai” option3=”Chennai” option4=”Bangalore” correct=”option1″]
The correct answer is A. New Delhi.
The National Housing Bank (NHB) is a statutory body set up by the Government of India in 1987 to promote housing finance in India. It is headquartered in New Delhi. The NHB has a network of 10 regional offices and 100 branches spread across the country.
The NHB provides a range of products and services to its customers, including housing loans, refinance loans, and securitization of housing loans. It also provides training and capacity building support to the housing finance sector.
The NHB is governed by a Board of Directors, which is chaired by the Governor of the Reserve Bank of India. The Board consists of representatives of the Government of India, the Reserve Bank of India, the banking sector, and the housing finance sector.
The NHB is a key player in the housing finance sector in India. It has played a significant role in promoting housing finance and in making housing more affordable for the common man.
The other options are incorrect because:
- Mumbai is the financial capital of India and the headquarters of many banks and financial institutions. However, the NHB is not headquartered in Mumbai.
- Chennai is the capital of Tamil Nadu and a major commercial city in India. However, the NHB is not headquartered in Chennai.
- Bangalore is the capital of Karnataka and a major technology hub in India. However, the NHB is not headquartered in Bangalore.