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    Question

    Who gets the status of Public Sector Banks of India?

    A Less than 50 % stake held by government Correct Answer Incorrect Answer
    B More than 50 % stake held by government Correct Answer Incorrect Answer
    C 50 % stake held by government Correct Answer Incorrect Answer
    D All of the above Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Public Sector Banks   (PSBs) are banks where a majority stake (i.e. more than 50%) is held by a government. The shares of these banks are listed on stock exchanges. There are a total of 21 PSBs in India.

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