Multiple Choice Questions on According to P J Nayak committee recommendations 1 Transfer of government shares in PSB to Ban........... for UPSC Civil Services Examination (General Studies) Preparation

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Multiple Choice Questions

According to P J Nayak committee recommendations 1 Transfer of government shares in PSB to Ban...........

Economic Affairs Types of Banks and Banking
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     According to P.J. Nayak committee recommendations

    1. Transfer of government shares in PSB to Bank investment Company (BIC), so BIC will become Holding company and PSB banks became BIC’s subsidiary companies.

    2. Until BIC is formed Committee recommended formation of Bank Board Bureau

    Which of the above statements are true?

     Only 1

    Incorrect Answer

     Only 2

    Incorrect Answer

     Both 1 and 2

    Correct Answer

     None of above

    Incorrect Answer
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    Explanation:

    Both statements are correct. 

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