Podcast
Questions and Answers
What is the purpose of a housing finance system?
What is the purpose of a housing finance system?
- To provide funds for home-buyers to purchase their homes (correct)
- To develop arrangements for raising capital for housing
- To monitor the performance and changes in the housing finance market
- To supply loans for commercial property construction
What is the primary form in which finance for housing is provided?
What is the primary form in which finance for housing is provided?
- Government grants for housing projects
- Mortgage loans against the security of immoveable property (correct)
- Investment in housing bonds
- Personal loans without any security
What role does LIC of India play in the provision of mortgage loans?
What role does LIC of India play in the provision of mortgage loans?
- Supplier of mortgage loans only to private housing finance companies
- Minor supplier of mortgage loans to specific government employees
- Major supplier of mortgage loans in indirect and direct forms (correct)
- No involvement in the provision of mortgage loans
Which of the following is NOT a supplier of house mortgage loans in India?
Which of the following is NOT a supplier of house mortgage loans in India?
In what form do governments mainly provide direct loans for housing?
In what form do governments mainly provide direct loans for housing?
Which institution was set up in July 1988 to act as the apex institution for coordinating and developing the housing finance schemes in India?
Which institution was set up in July 1988 to act as the apex institution for coordinating and developing the housing finance schemes in India?
What was the most significant change in the retail housing finance sector in the 1990s in India?
What was the most significant change in the retail housing finance sector in the 1990s in India?
Which financial institution was allowed to issue large loans for housing without imposing rigid restrictions on interest rate or loan quantity ceiling in the 1980s in India?
Which financial institution was allowed to issue large loans for housing without imposing rigid restrictions on interest rate or loan quantity ceiling in the 1980s in India?
What was the key development that had a positive effect on the housing finance sector in India in the 1980s?
What was the key development that had a positive effect on the housing finance sector in India in the 1980s?
What is the primary purpose of Housing Finance Institutions in India?
What is the primary purpose of Housing Finance Institutions in India?
