1. The National Housing Bank, 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. |
A) 1 only
B) 2 only
C) Both 1 and 2
D) Neither 1 nor 2
Correct Answer: C
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