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With whom does the ownership of Public sector banks rest?

A. Wholly with Government of India

B. Jointly with Government of India and share-holders from the public

C. Jointly with Government of India and State Bank of India

D. Jointly with Government of India and Reserve Bank of India

Related Questions on Banking Awareness Test Questions

What does 'Nomination' for a deposit account in the bank mean?

A. Mandate given by the close relatives of the depositor to settle the death claim in case of death of the depositor

B. Mandate decided by the bank to settle the death claim of its depositor

C. Mandate of the depositor in favor of one or more persons to claim the amount on death of the depositor

D. Mandate of the depositor in favor of a close relative who can claim the amount on death of the depositor