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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
Select the proper option from the options given below and rewrite the sentences:
In E-business, payments have to be made ______
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Fixed Deposit Account and Recurring Deposite Account.
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Explain the types of banks based on ownership patterns.
Distinguish between the Central Bank and the Commercial Bank.
Which of the following banks regulate the supply of money in the economy?
What is meant by an overdraft facility given by a commercial bank?
What are the important functions of Central Bank? Which of these functions are more important in a country like India?
Why was EXIM Bank set up in India?
Which type of bank is called the apex bank of India?
