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Question
Which of the following statements correctly describes the State Bank of India (SBI)?
Options
It is a small private bank with only urban branches
It is the largest commercial bank in India with about 25% market share of loans and deposits
It operates only within India and has no foreign branches
It mainly lends only to the government sector
MCQ
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Solution
It is the largest commercial bank in India with about 25% market share of loans and deposits
Explanation:
SBI is the largest commercial bank in India with around 25% market share of total loans and deposits and a very large customer base.
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