2016
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
The Government has approved capital infusion of Rs.220 crore for which bank
|
|
Lakshmi Vilas Bank
|
|
|
Vijaya Bank
|
|
|
Syndicate Bank
|
|
|
Dena Bank
|
Explanation:
Detailed explanation-1: -Capital infusion refers to the process whereby funds are injected into startup companies or ailing companies by an investor with a financial interest in the company.
Detailed explanation-2: -Centre has announced to provide capital support to weak public sector lenders like the Central Bank of India and Punjab & Sind Bank. Such banks will get a big chunk of the ₹15, 000 crore earmarked for capital infusion in state-owned banks for the current fiscal.
There is 1 question to complete.