Multiple choice

Which of the following is/are not public sector undertaking banks in India?

  1. Jammu & Kashmir Bank

  2. Punjab and Sind Bank

  3. UCO bank

  4. Syndicate Bank
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A Correct answer
Explanation

Jammu & Kashmir Bank is classified by the Reserve Bank of India as a private sector bank, despite the state government holding a majority stake. In contrast, Punjab and Sind Bank, UCO Bank, and Syndicate Bank (now merged with Canara Bank) are traditional Public Sector Undertakings (PSUs).

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