Home › BBA › Business Studies › Business Services › Banks in which the government holds a major stak…
Banks 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: NCERT Class 11 Business Studies, Chapter 4, Business Services._
Related questions
Insurance works by spreading the loss caused by an uncertain event over:A benefit of e-banking for customers is service available:Electronic funds transfer can be done two ways: NEFT and:Banking done over the internet using a computer or mobile phone is:Transferring funds between places using bank drafts, pay orders or mail transfers is:A cheque that must be deposited only into the payee's account is a:Time deposits carrying a higher rate of interest than savings accounts are:Deposits that can be withdrawn at any time without prior notice are in a: