Banks in India are categorized as Public Sector and Private Sector Banks. Which of the following types of banks are called Public Sector Banks ?

Options

A. Those inwhich Government of India has a controlling stake.
B. Those which are giving services to poor sections of society like those living below poverty line, in remote areas or in different areas.
C. Those who are governed and regulated by the Reserve Bank of India only. Finance Ministry does not have any control over them.
D. Only those banks are called public sector whose shares are traded in Stock Markets. Others are private banks.

Answer

A