alleryBanks in which the government holds a major stake are:
APublic sector banks
BPrivate sector banks
CForeign owned banks
DCooperative sector banks
Answer & Solution
Correct answer: A. Public sector banks
1. SBI, PNB and IOB are examples.
2. They stress social objectives.
3. These are public sector banks.
_Source: syllabus Business Studies, Chapter 4, Business Services._
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