Multiple choice

Which of the following is included under Public Sector Banks?

  1. All nationalised banks
  2. State Bank of India
  3. 7 Subsidiaries of SBI
  4. Reserve Bank of India

  1. 1

  2. 1 and 2

  3. 1, 2 and 3

  4. 1, 2, 3 and 4

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

Public sector banks in India include nationalized banks, the State Bank of India, and its subsidiaries. The Reserve Bank of India is the central bank and regulator, not a commercial public sector bank.