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Question

Public sector banks are those in which the stakes of government is more than at least


A

20%

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B

30%

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C

40%

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D

50%

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E

60%

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Solution

The correct option is D

50%


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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