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Consider the following statements.1. The National Housing Bank(NHB), the apex institution of 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 statement(s) given above is/are correct?

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Consider the following statements.<br />1. The National Housing Bank<br />(NHB), the apex institution of housing finance in India was set-up as a wholly-owned subsidiary of the Reserve Bank of India.<br />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 statement(s) given above is/are correct?






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