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    5. Which of the following is not a type of bank in India?  

    Question

    Which of the following is not a type of bank in India?

     
    A Public sector banks Correct Answer Incorrect Answer
    B Regional Rural Banks Correct Answer Incorrect Answer
    C Payday Lender Correct Answer Incorrect Answer
    D Neo Bank Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    There are various types of banks in India, namely public sector banks, private sector banks, cooperative banks and Neo banks. Therefore, option C is correct.

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