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Question : Which of the following is not a function of the National Housing Bank?

 

Option 1: Regulating the housing finance sector
 

 

Option 2: Providing credit to the housing sector
 

Option 3: Developing housing infrastructure

 

Option 4: Regulating the stock market


Team Careers360 10th Jan, 2024
Answer (1)
Team Careers360 14th Jan, 2024

Correct Answer: Regulating the stock market


Solution : The correct answer is (d). Regulating the stock market.

The National Housing Bank (NHB) is an apex financial institution in India that primarily focuses on promoting and regulating the housing finance sector. The NHB does not have a role in regulating the stock market. Stock market regulation is primarily overseen by the Securities and Exchange Board of India (SEBI), which is the statutory regulatory body for the securities and capital markets in the country

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