Multiple choice general knowledge

How much assistance was declared by the central Government to provide 16 public sector banks in India to shore up their capital base?

  1. Rs. 12500 Crore

  2. Rs. 16500 Crore

  3. Rs. 20000 Crore

  4. Rs. 25000 Crore
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The Indian government announced Rs. 16,500 crore capital infusion for 16 public sector banks to strengthen their capital base. This was part of the banking reform package announced in 2018.

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