In terms of _________, HFCs cannot conduct business of housing finance without obtaining a Certificate of Registration (CoR) from NHB A. Section 29A of National Housing Bank 1987 B. Section 28A of National Housing Bank 1987 C. Section 27A of National Housing Bank 1987 D. Section 26A of National Housing Bank 1987 E. None of the Above

In terms of _________, HFCs cannot conduct business of housing finance without obtaining a Certificate of Registration (CoR) from NHB A. Section 29A of National Housing Bank 1987 B. Section 28A of National Housing Bank 1987 C. Section 27A of National Housing Bank 1987 D. Section 26A of National Housing Bank 1987 E. None of the Above  
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A. Section 29A of National Housing Bank 1987 Explanation: In terms of section 29A of the National Housing Bank, 1987, HFCs cannot conduct business of housing finance without obtaining a Certificate of Registration (CoR) from NHB. Conduct of business without obtaining certificate of registration is an offence punishable under the provisions of the National Housing Bank Act, 1987. NHB can also file application for winding up of such HFCs, under section 33B of the said Act.
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