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From the set of statements given in column I and Column II , choose the incorrect pair of statements: Column I (a) Axis Bank (b) BSNL (c) Renewable Source of Energy (d) Health Insurance - Economic Applications

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Question

From the set of statements given in column I and Column II, choose the incorrect pair of statements:

Column I Column II
(a) Axis Bank (i) Public Sector Bank
(b) BSNL (ii) Public Sector Enterprises
(c) Renewable Source of Energy (iii) Thermal Power
(d) Health Insurance (iv) Cover life risk

Options

  • a - (i)

  • b - (ii)

  • c - (iii)

  • d - (iv)

MCQ
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Solution

a - (i)

Explanation:

  • Axis Bank is a Private Sector Bank, not a Public Sector Bank.
  • Public sector banks are owned and managed by the government, such as SBI or Bank of Baroda.
  • Axis Bank is owned by private shareholders.
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Chapter 10: Economic Infrastructure - QUESTIONS [Page 137]

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J. P. Goel and Kaushal Goel Economic Applications [English] Class 9 ICSE
Chapter 10 Economic Infrastructure
QUESTIONS | Q 1. | Page 137
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