Which bank was incorporated as one of the public sector banks in India during 2004 - 05.
During 2004–05, the Industrial Development Bank of India (IDBI) was converted from a development financial institution into a scheduled commercial bank—IDBI Bank Ltd. (IDBI…
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Which bank was incorporated as one of the public sector banks in India during 2004 - 05.
Answer and explanation
Correct answer C
During 2004–05, the Industrial Development Bank of India (IDBI) was converted from a development financial institution into a scheduled commercial bank—IDBI Bank Ltd. (IDBI Ltd.)—categorized by the RBI as a Public Sector Bank.
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UGC NET Commerce