"Housing finance institution" definition refers to which year of NHB Act?
Section 2(1)(m) defines "housing finance institution" by reference to clause (d) of section 2 of the National Housing Bank Act, 1987, so the relevant year is 1987, not 1934,…
Choose your answer
"Housing finance institution" definition refers to which year of NHB Act?
Answer and explanation
Correct answer D
Section 2(1)(m) defines "housing finance institution" by reference to clause (d) of section 2 of the National Housing Bank Act, 1987, so the relevant year is 1987, not 1934, 1949, or 2002.