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JOINT VENTURE & WHOLLY OWNED SUBSIDIARIES

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MULTINATIONAL COMPANIES & JOINT VENTURE

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 (RBI). 2. The small Industries Development Bank of India (SIDBI) was established as a wholly-owned subsidiary of the Industrial Development Bank of India (IDBI). Which of the statement given above is/are correct?

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Features of Global Enterprises|Joint Ventures|Types of Joint Ventures|Benefits

Completion Of The Venture If Partnership Is Formed

Record the following Transactions of Prabhat Electric Co., Delhi in the proper subsidiary books: