Multiple choice

Public sector banks include:

(a) nationalized banks under Banking Companies – Acquisition and Transfer of Undertakings Act (b) State Bank of India and its associates (c) Regional Rural Banks (d) Cooperative Banks

  1. (a), (b) and (c) only

  2. (a), (c) and (d) only

  3. (b), (c) and (d) only

  4. (a) to (d) all
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Public Sector Banks (PSBs) are banks where a majority stake (i.e. more than 50%) is held by the government. 

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