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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. [CSE (Pre) 2004] Which of the statement(s) given above is/are correct?

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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. [CSE (Pre) 2004] Which of the statement(s) given above is/are correct?






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