National Housing Bank started operations in July 1988
Q. When did the National Housing Bank start its operations?- Published on 19 Oct 15
a. July, 1982
b. July, 1988
c. April, 1980
d. March, 1971
ANSWER: July, 1988
The National Housing Bank, the apex institution of housing finance in India, is a wholly-owned subsidiary of RBI. It started operating from July, 1988 with an authorised paid-up capital of RS. 450 crore.