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    Question

    The Government announced to recapitalise the Public

    Sector Banks (PSBs) by what amount in FY2021-22?
    A Rs 17,000 crore Correct Answer Incorrect Answer
    B Rs 21,000 crore Correct Answer Incorrect Answer
    C Rs 29,000 crore Correct Answer Incorrect Answer
    D Rs 20,000 crore Correct Answer Incorrect Answer
    E Rs 19,000 crore Correct Answer Incorrect Answer

    Solution

    As announced in the Budget 2021-22, by the Finance Minister Nirmala Sitharaman announced that the government will infuse Rs.20,000 crore into public sector banks (PSBs) in 2021-22 to meet the regulatory norms and further consolidate the financial capacity of the PSBs.

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