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Consider the following statements :
1. The National Housing Bank, the apex institution in housing finance in India, was set up as a wholly owned subsidiary of the Reserve Bank of India
2. The Small Industries Development Bank of India was established as a wholly owned subsidiary of the Industrial Development Bank of India
Which of the statements given above is/are correct?


A) 1 only

B) 2 only

C) Both 1 and 2

D) Neither 1 nor 2

Correct Answer:
C) Both 1 and 2


Part of solved Banking System questions and answers : General Knowledge >> Economy >> Banking System




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