The correct answer is (c) 2007.
RESIDEX is an index of residential prices in India. It was launched by the National Housing Bank (NHB) in 2007. The index is based on data collected from a sample of residential properties across the country. It is used to track the movement of residential prices and to provide a benchmark for the real estate sector.
The index is calculated on a monthly basis and is published on the NHB website. The index is a weighted average of the prices of residential properties in different cities and towns. The weights are based on the population of the city or town and the number of residential properties in the city or town.
The index is a useful tool for tracking the movement of residential prices in India. It can be used by home buyers, real estate developers, and investors to make informed decisions about the real estate market.
Here is a brief explanation of each option:
(a) 2001: This is incorrect because RESIDEX was launched in 2007.
(b) 2004: This is incorrect because RESIDEX was launched in 2007.
(d) 2008: This is incorrect because RESIDEX was launched in 2007.