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TNPSC Group-I 2021 · Question 76 of 148

Choose the correct statement related to recent bank mergers in India. (a) Large banks will be able to borrow more from the market and thereby help the economy revive. (b) Bank merger will lead to increased operational efficiency of the banking sector.

Economy - Banking

  1. A(a) only
  2. B(b) onlyCorrect
  3. C(a) and (b)
  4. Dneither (a) nor (b)

Answer: B. (b) only

Explanation

The stated rationale for the 2019-20 bank mergers was greater scale and operational efficiency of public sector banks.

Source: TNPSC Group-I Prelims (held 3 Jan 2021) - official paper via examrace.com

← Q75View full paper (148 questions)Q77 →

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