2016
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
10
|
|
|
12
|
|
|
13
|
|
|
17
|
Detailed explanation-1: -At present, there are 12 public sector banks in India.
Detailed explanation-2: -Later as per the demand of the economy and the citizens, several banks were Nationalised. Nationalized banks are those in which government has more than 50% shareholding. 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-3: -Punjab National Bank The bank was established in 1894. PNB bank is merged with OBC Bank and United Bank. The new bank will become the second-largest Public Sector Bank of India with 18 Lakh crore rupees and the second largest in terms of branch network across the country.
Detailed explanation-4: -Public sector banks are those in which the union or state government owns more than 50% of the stock. Private sector banks are those in which private firms or individuals own the majority of the stock. Acts of parliament are used to establish public sector banks.