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प्रश्न
Public Banks are the banks which are ______.
पर्याय
owned and controlled by the Government.
owned and controlled by private businessmen.
owned and controlled by foreign banks.
owned by central bank.
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उत्तर
Public Banks are the banks which are owned and controlled by the Government.
Explanation:
Public sector banks are financial institutions in which the government (either central or state) has the majority stake, usually more than 51% of the total share capital. These banks are generally governed by government regulations and policies that promote social welfare, assure national financial inclusion, and drive economic development rather than maximising business profits.
संबंधित प्रश्न
Reserve Bank of India cannot accept deposits from public.
Distinguish between the following:
Current account & Recurring deposit account
State with Reasons whether the following statement is TRUE or FALSE:
Central bank (RBI) connot accept deposit from the public.
Write a short note on Local Area Banks, Give two examples.
Central bank is owned by the ____ while commercial bank is owned by ______.
What is a commercial bank?
The ______ of a country serves as the leader of the banking system and the money market.
How do exchange banks help in financing foreign trade?
Explain the four functions of the Reserve Bank of India.
Which type of bank is most closely associated with foreign trade finance and foreign exchange services?
