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With reference to the governance of ‘public sector banking in India, consider the following statements:
1. Capital infusion into public sector banks by the Government of India has steadily increased in the last decade.
2. To put the public sector banks in order, the merger of associate banks with the parent State Bank of India has been affected.
Which of the statements given above is/are correct?
  • a)
    2 only
  • b)
    1 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
With reference to the governance of ‘public sector banking in In...
  • S1: Capital infusion has not been steady, therefore statement 1 is wrong.
  • One of the desired objectives of consolidation of banks is the streamlining of banking operations and reduce their NPA burden. Thus, Statement 2 is correct.
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With reference to the governance of ‘public sector banking in India, consider the following statements:1. Capital infusion into public sector banks by the Government of India has steadily increased in the last decade.2. To put the public sector banks in order, the merger of associate banks with the parent State Bank of India has been affected.Which of the statements given above is/are correct?a)2 onlyb)1 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?
Question Description
With reference to the governance of ‘public sector banking in India, consider the following statements:1. Capital infusion into public sector banks by the Government of India has steadily increased in the last decade.2. To put the public sector banks in order, the merger of associate banks with the parent State Bank of India has been affected.Which of the statements given above is/are correct?a)2 onlyb)1 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to the governance of ‘public sector banking in India, consider the following statements:1. Capital infusion into public sector banks by the Government of India has steadily increased in the last decade.2. To put the public sector banks in order, the merger of associate banks with the parent State Bank of India has been affected.Which of the statements given above is/are correct?a)2 onlyb)1 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the governance of ‘public sector banking in India, consider the following statements:1. Capital infusion into public sector banks by the Government of India has steadily increased in the last decade.2. To put the public sector banks in order, the merger of associate banks with the parent State Bank of India has been affected.Which of the statements given above is/are correct?a)2 onlyb)1 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?.
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