Public Sector Banks

21. Which public sector bank was recently merged with Oriental Bank of Commerce and United Bank of India?

a) Bank of Baroda

b) Punjab National Bank

c) Canara Bank

d) Central Bank of India

22. What is the minimum capital requirement for public sector banks in India?

a) Rs 100 crore

b) Rs 500 crore

c) Rs 1,000 crore

d) Rs 10,000 crore

23. Which public sector bank is known as “The Banker to Every Indian”?

a) Punjab National Bank

b) Indian Bank

c) Union Bank of India

d) State Bank of India

24. Public sector banks in India are classified into how many categories based on their business turnover?

a) 2

b) 3

c) 4

d) 5

25. The Basel III norms are applicable to:

a) Public sector banks only

b) Private sector banks only

c) Foreign banks only

d) All banks in India