Public Sector Banks account for about ______ of market share in Indian banking as per the
Economic Survey 2019-20.
Show answer & explanation
Correct answer: A
Explanation
The correct answer is Option 1 i.e. 70%.
- Public Sector Banks account for about 70% of market share in Indian banking as per the
Economic Survey 2019-20. - India currently has 12 public sector banks: Bank of Baroda, Bank of India, Bank of Maharashtra, Canara Bank, Central Bank of India, Indian Bank, Indian Overseas Bank, Punjab & Sind Bank, Punjab National Bank, State Bank of India, UCO Bank, and Union Bank of India.