Multiple Choice Questions on How much shares the government hold in the Public sector banks ........ for RBI Grade B Exam Preparation

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Multiple Choice Questions

How much shares the government hold in the Public sector banks ........

Static GK (RBI Grade B) Banking Awareness
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    How much shares the government hold in the Public sector banks?

    Minimum 75%

    Incorrect Answer

    More than 50%

    Correct Answer

    More than 33%

    Incorrect Answer

    More than 49%

    Incorrect Answer
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    Explanation:

    More than 50%

    At present, the government has to hold 51 per cent in PSBs at all times, according to the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970.

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