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  9. Q71

PPSC PCS 2015 · Question 71 of 100

The Reserve Bank of India (RBI) has declared which of the following banks as Domestic systemically Important Banks (D-SIBs)? 1. Axis Bank 2. HDFC 3. ICICI 4. State Bank of India

Economy

  1. A1 and 2 only
  2. B2 and 3 only
  3. C2,3 and 4 onlyCorrect
  4. D1,2, 3 and 4

Answer: C. 2,3 and 4 only

Explanation

In August 2015 RBI designated SBI, ICICI Bank and HDFC Bank as domestic systemically important banks (Axis Bank was added later).

Source: https://cdn.mindspritesolutions.com/examrace/SPSC/Punjab-PSC/Punjab-PSC-Past-Papers/Punjab-Civil-Service-2015-Official-Paper-1-Part-1.pdf

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