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Under what plan, Central Government has infused capital of Rs. 51858 crore in public sector banks (PSBs)?
  • a)
    Pradham mantri jan dhan yojana
  • b)
    Sukhanya samridi account
  • c)
    MUDRA Bank Yojana
  • d)
    Pradhan Mantri Suraksha Bima Yojana
  • e)
    Indradhanush
Correct answer is option 'E'. Can you explain this answer?
Most Upvoted Answer
Under what plan, Central Government has infused capital of Rs. 51858 c...
Central Government has so far infused capital of Rs. 51858 crore in public sector banks (PSBs) under the Indradhanush Plan. Mission Indradhanush by Indian Government is an attempt to resolve issues faced by Public Sector banks and make them capable to compete with Private Sector banks. During the FY 2016-17, amount of Rs. 22915 was allocated to 13 PSBs. 75% of this amount was infused upfront while the remaining amount was infused on basis of banks’ individual performance. As per the broad plan, Government of India will infuse total Rs. 70000 crore in PSBs through budgetary allocation spread across financial years, 2015-16 to 2018-19.
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Under what plan, Central Government has infused capital of Rs. 51858 crore in public sector banks (PSBs)?a)Pradham mantri jan dhan yojanab)Sukhanya samridi accountc)MUDRA Bank Yojanad)Pradhan Mantri Suraksha Bima Yojanae)IndradhanushCorrect answer is option 'E'. Can you explain this answer?
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