Public Sector Banks

31. The Lead Bank Scheme was introduced in India primarily to:

a) Promote financial inclusion

b) Monitor loan recovery

c) Regulate interest rates

d) Encourage foreign investment

32. The government of India recently announced the merger of 10 public sector banks into:

a) 5 banks

b) 6 banks

c) 7 banks

d) 8 banks

33. Which of the following banks is not a public sector bank in India?

a) Union Bank of India

b) Central Bank of India

c) Yes Bank

d) Punjab & Sind Bank

34. The government of India recently announced the merger of Indian Bank with:

a) Oriental Bank of Commerce

b) United Bank of India

c) Indian Overseas Bank

d) Allahabad Bank

35. The Nationalisation of banks in India took place during the tenure of:

a) Indira Gandhi

b) Rajiv Gandhi

c) Jawaharlal Nehru

d) Morarji Desai