Explore topic-wise MCQs in Banking And Financial Awareness.

This section includes 15 Mcqs, each offering curated multiple-choice questions to sharpen your Banking And Financial Awareness knowledge and support exam preparation. Choose a topic below to get started.

1.

_____is an apex financial institution for housing:

A. RBI
B. SBI
C. NHB
D. None of The Above
Answer» D. None of The Above
2.

NHB stands for:

A. National Housing Business
B. National Housing Bank
C. Non - Housing Bank
D. None of The Above
Answer» C. Non - Housing Bank
3.

____was the first country to borrow from IMF:

A. France
B. India
C. Germany
D. None of The Above
Answer» B. India
4.

National Housing Bank was set up on July 9, 1988 under which among the following acts:

A. National Housing Bank Act, 1985
B. National Housing Bank Act, 1986
C. National Housing Bank Act, 1987
D. None of The Above
Answer» D. None of The Above
5.

National Housing Bank was set up on ______:

A. 9 July, 1987
B. 9 July, 1986
C. 9 July, 1988
D. None of The Above
Answer» D. None of The Above
6.

According to 'Housing For All' scheme, main emphasis is to provide houses to

A. Rural Citizens
B. Urban Citizens
C. Both of The Above
D. None of The Above
Answer» C. Both of The Above
7.

Housing For All - Main focus is to provide affordable houses to urban poor ranging from Rs. _______to _______ per house:

A. 1,00,000 and 2,30,000
B. 1,00,000 and 2,50,000
C. 1,00,000 and 3,00,000
D. None of The Above
Answer» B. 1,00,000 and 2,50,000
8.

NHB has been established with an objective to:

A. Operate as a principal agency to promote housing finance institutions
B. promote housing finance institutions both at local and regional levels
C. provide financial and other support incidental to such institutions and for matters connected therewith
D. All of The Above
Answer» E.
9.

_______plays the vital role in setting up of National Housing Bank:

A. K. R. Puri
B. Dr. Manmohan Singh
C. C. Rangarajan
D. None of The Above
Answer» D. None of The Above
10.

NHB issued Directions, 2001 main emphasis on:

A. Portfolio Managment
B. Asset Liability Management
C. Housing for Rural citizen
D. None of The Above
Answer» C. Housing for Rural citizen
11.

HFC stands for:

A. Housing Finance Company
B. Housing Finance Corporation
C. Housing Federation of Commerce
D. None of The Above
Answer» B. Housing Finance Corporation
12.

The Head Office of National Housing Bank is at:

A. Kolkata
B. Bangalore
C. New Delhi
D. Mumbai
Answer» D. Mumbai
13.

_______is the Managing Director and Chief Executive Officer of NHB now:

A. Raghu Ram Rajan
B. Sriram Kalyanaraman
C. Urjit Patel
D. None of The Above
Answer» C. Urjit Patel
14.

National Housing Bank is wholly owned by _____, which contributed the entire paid-up capital:

A. Securities and Exchange Board of India
B. Reserve Bank of India
C. State Bank of India
D. None of The Above
Answer» C. State Bank of India
15.

The main objective of 'Housing For All' scheme is to promote slum free cities by:

A. 2020
B. 2022
C. 2025
D. None of The Above
Answer» C. 2025