Financial Service Industry Quiz
5 Questions
2 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is the minimum Net Owned fund required for a company to obtain a certificate of registration from the National Housing Bank?

  • Rs 15 crore
  • Rs 10 crore (correct)
  • Rs 5 crore
  • Rs 20 crore
  • Under which legal framework does a Housing Finance Company operate?

  • RBI regulations
  • Companies Act 2013
  • Section 29A of National Housing Bank Act, 1987 (correct)
  • National Housing Bank guidelines
  • What is the term for the property for which a loan is granted by a Housing Finance Company?

  • Securities for Loan (correct)
  • Mortgaged Property
  • Collateral Property
  • Guaranteed Property
  • What is the primary regulatory authority for a Housing Finance Company in providing home loans and related products?

    <p>National Housing Bank</p> Signup and view all the answers

    What is the revised term for holding of immovable property to avail Government Incentive under Pradhan Mantri Awas Yojna?

    <p>3 years</p> Signup and view all the answers

    More Like This

    Hero Housing Finance Data Privacy Policy
    12 questions
    Understanding Tax Credit Units and Partnerships
    33 questions
    Investment chapter 1
    85 questions
    Use Quizgecko on...
    Browser
    Browser