BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is NOT a Public Sector Unit/Undertaking/Agency?
A
ECGC
B
SEBI
C
SIDBI
D
Axis Bank
Explanation: 

Detailed explanation-1: -Axis Bank is a private banking company. It is not a Public Sector Undertaking since it is not owned by government of India.

Detailed explanation-2: -HDFC Bank is a private sector bank in India.

Detailed explanation-3: -List of Central PSUs. Public Sector Units (PSUs) can be classified as Central Public Sector Enterprises (CPSEs), Public Sector Banks (PSBs), or State Level Public Enterprises (SLPEs).

Detailed explanation-4: -BHEL, ONGC, OIL are public sector undertakings. Public sector refers to government-owned organisations and government-provided services.

There is 1 question to complete.