16. The government’s shareholding in public sector banks in India is typically:
a) 49%
b) 51%
c) 75%
d) 100%
17. Which of the following banks is the oldest public sector bank in India?
a) Bank of Baroda
b) Punjab National Bank
c) Allahabad Bank
d) Indian Bank
18. The Reserve Bank of India acts as the lender of last resort for public sector banks. What does this mean?
a) RBI provides loans to public sector banks at a low interest rate
b) RBI bails out public sector banks in case of financial distress
c) RBI monitors the activities of public sector banks
d) RBI determines the interest rates for public sector banks
19. Public sector banks in India provide which of the following services to customers?
a) Savings accounts
b) Fixed deposits
c) Loans
d) All of the above
20. The “Banking Ombudsman” scheme introduced by RBI is applicable to:
a) Public sector banks only
b) Private sector banks only
c) Foreign banks only
d) All banks in India