Question

    What contributed to the record ₹1.78 lakh crore profit

    by Public Sector Banks (PSBs) in FY25?
    A Merger of private banks Correct Answer Incorrect Answer
    B Relaxed taxation on interest income Correct Answer Incorrect Answer
    C Implementation of the 4R strategy by the government Correct Answer Incorrect Answer
    D Increase in remittances Correct Answer Incorrect Answer
    E RBI interest rate hike Correct Answer Incorrect Answer

    Solution

    Explanation: The 4R strategy (Recognition, Resolution, Recapitalisation, and Reforms) was implemented by the government, leading to improved stability and profitability of PSBs.

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