Question : ___________ is a financial institution that specializes in providing loans for purchasing homes.
Option 1: Housing Development Finance Corporation (HDFC)
Option 2: Industrial Development Bank of India (IDBI)
Option 3: Small Industries Development Bank of India (SIDBI)
Option 4: Export-Import Bank of India (EXIM Bank)
Correct Answer: Housing Development Finance Corporation (HDFC)
Solution : The correct answer is (a) Housing Development Finance Corporation (HDFC)
Housing Development Finance Corporation (HDFC) is a financial institution that specializes in providing loans for purchasing homes in India. It is one of the largest housing finance companies in India and offers a range of home loan products to individuals and families.
HDFC provides home loans for various purposes, including buying a new home, constructing a house, purchasing land for construction, renovating or improving an existing home, and refinancing existing home loans. They offer competitive interest rates, flexible repayment terms, and personalized customer service to cater to the diverse needs of homebuyers.
College Comparison based on Courses, Placement, Rank, Fee
Question : Which among the following is an apex institution in the sphere of agriculture credit in India?
Question : ___________ is a financial institution that provides long-term credit for agriculture and rural development.
Question : Small Industries Development Bank of India (SIDBI) is regulated by ______.
Question : Small Industries Development Bank of India (SIDBI) is regulated by____________.
Question : Which institution in India provides long-term credit to farmers for agricultural activities?
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile