CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How many public sector banks did Union Government To Infuse Over Rs88 Thousand Crore?
A
20
B
15
C
18
D
29
Explanation: 

Detailed explanation-1: -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-2: -At present, there are 12 public sector banks in India.

Detailed explanation-3: -The Current List of 12 Public Sector Banks in India 2023(Government Banks)

Detailed explanation-4: -After this massive amalgamation, the total number of Public Sector Banks (PSBs) in India has come down from 27 banks in 2017 to 12 in 2022, with the merger of a few banks.

There is 1 question to complete.