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Which of the following is not a public sector bank in India? - Economics

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Question

Which of the following is not a public sector bank in India?

Options

  • ICICI Bank

  • Punjab National Bank

  • State Bank of India

  • Canara Bank

MCQ
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Solution

ICICI Bank

Explanation:

ICICI Bank is a private-sector bank in India, whereas Punjab National Bank, State Bank of India, and Canara Bank are public-sector banks. Public sector banks are those where the government holds a majority stake, and ICICI Bank does not fall under this category.

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Chapter 9: Tertiary Sector - QUESTIONS [Page 146]

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J. P. Goel and Kaushal Goel Economics [English] Class 9 ICSE
Chapter 9 Tertiary Sector
QUESTIONS | Q 15. | Page 146
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