Economics · Banking Sector in India
With whom does the ultimate ownership and majority shareholding control of Public Sector Banks (PSBs) in India rest?
- 1Jointly with the Government of India and the Reserve Bank of India
- 2Jointly with the Government of India and the State Bank of India
- 3Jointly with the Government of India and public shareholders, with the Government holding the majority stake✓
- 4Solely the Government of India
Correct answer
Jointly with the Government of India and public shareholders, with the Government holding the majority stake
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