BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How many Public Sector banks are there in India presently?
A
18
B
19
C
22
D
21
Explanation: 

Detailed explanation-1: -Ans. Currently in India there are 12 banks in number that are nationalised, and their names are Punjab National Bank, Bank of Baroda, Bank of India, Central Bank of India, Canara Bank, Union Bank of India, Indian Overseas Bank, Punjab, and Sind Bank, Indian Bank, UCO Bank, and Bank of Maharashtra, State Bank Of India.

Detailed explanation-2: -At present, there are 12 public sector banks in India.

Detailed explanation-3: -There are a total of 12 public sector banks in India today. These banks were nationalised and are currently run by the government.

Detailed explanation-4: -2.85 trillion (US$ 36.42 billion). As of June 01, 2022, the number of bank accounts-opened under the government’s flagship financial inclusion drive ‘Pradhan Mantri Jan Dhan Yojana (PMJDY)’-reached 45.60 crore and deposits in the Jan Dhan bank accounts totalled Rs.

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