what is difference between public sector and nationalised
bank?

Answer Posted / m.k. padhan

Both are Government bank however nationalized banks are fully owned by the Government where as in case of Public Sector bank Government has majority of share or stake. In India State Bank of India and its 6 Associates banks are the Public Sector Banks and rest are nationalized banks.

Is This Answer Correct ?    31 Yes 35 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Zee Ltd. uses material—A for the production of Product M. The safety stock of material A is 300 units; the supplier quotes a delivery delay of two or three weeks. If the company uses 500 to 800 units a week according to the activity levels, the re–order level of material–A will be A. 2300 units; B. 2400 units; C. 2700 units; D. 28 units.

2585


Please let me know what to answer how long you prepared for SBI exam? if selected your credit goes to whom?

1603


What does stand for EPD,MIS? Can anyone tell me briefly n clearly about this?

1850


can anyone provide me the Balance Sheet Items & P & L Items with Accounting Heads with Accounting codes?

1752


do we have to learn all the shortcutkeys in tally.i am from non commerce background ,where should i start from.

1544






distinguish between price rate and time rate?

1635


what is the difference between Assets Allocation & Security selection?

2343


what is span of shares

1485


What are the names of the codes which are needed for RTGS ? Payment and wire transfer respectively ?

1338


Debit Note & Credit Note?

1710


How do we return the loan in equal installments with interest in tally

1666


Expand---------DBPC

1689


What is Hot Issue Income for Hedge Funds?

8241


Hello to every body ... Its not its not a interview question In accounting field can we make Money ?

1470


how to pass journal entry or where to show forein transaction reserv in Bal sheet. pls explain basic

1610