BUSINESS STUDIES

Given one point of difference between pr...

Given one point of difference between private sector banks and public sector banks.

Text Solution

Verified by Experts

Given below are the points that explain the differences between public sector and private sector banks:

Public Sector Banks are those financial institutions where maximum shares are held by the government. On the other hand, Private Sector Banks are the ones where the majority stake is with private shareholders.

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Knowledge Check

Partnership between private sector firm and a public sector is called :

A

(a) Joint Venture

B

(b) PPP

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(c) Partnership

D

(d) Public Corporation

Which was the first private sector bank?

A

HDFC Bank

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Kotak Mahindra Bank

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IndusInd Bank

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Yes Bank

Which of the following banks is NOT a public sector bank?

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Canara Bank

B

Jammu and Kashmir Bank Ltd.

C

State Bank of India

D

IndusInd Bank

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