aliensbrain
  • Home
  • Study
  • Quizzes
  • 🎤AI Practicefree
  • Notebooks
  • Community
  • Sign in
  • Current News: 1
  • As on 2011, the 27 government banks, including the SBI, c...
Multiple choice

As on 2011, the 27 government banks, including the SBI, control around _____ of the banking business in the country.

  1. 25%

  2. 70%

  3. 85%

  4. 75%

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Public sector banks in India have historically held a dominant market share, controlling approximately 70 percent of the total banking business as of 2011.

Keep practicing — related questions

  • SBI holds _________ stake in State Bank of Hyderabad and State Bank of Patiala respectively.
  • The Government of India acquired the ownership and control of major banks in 1969 whose deposits were not l...
  • At present, there are______ nationalised banks in India.
  • SBI holds in the range of ________ stake in State Bank of Bikaner and Jaipur, State Bank of Indore, State B...
  • The country's largest lender State Bank of India (SBI) had in early _______ announced its intention to merg...
  • The Union Cabinet has approved the Bill to amend the State Bank of India Act, 1955 which will allow the gov...
  • Banking Regulation Act deals with (a) the regulation of business of banking companies (b) control over mana...
  • In ____ banking, the banks offer all types of financial services to expand their business that include high...
Play the full quiz 🎤 Practise this topic out loud

Practice this topic

  • Indian Economy Statistics (976 questions)
Advertisement
© Aliensbrain | all rights reserved
  • About
  • Contact
  • Terms and Condition
  • Privacy Policy