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Commerce · Q569

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 569

Q569

Narasimham Committee suggested three - four bigger banks in India. Government carried out a massive consolidation process in 2019. Which of the following statement is true in this context?

A.
There are six merged public sector banks and six independent public sector banks in India
B.
SBI is the largest public sector bank in India
C.
The nationalized banks are almost wholly owned by GOI
D.
All of the above
Answer

Answer: Option D

Solution

Answer: Option D
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