With whom does the ownership of Public sector banks rest?

a. Wholly with Government of India

b. Jointly with Government of India and share-holders from the public

c. Jointly with Government of India and State Bank of India

d. Jointly with Government of India and Reserve Bank of India

ANSWER: Jointly with Government of India and share-holders from the public

Explanation:

Public Sector Banks are banks where a majority stake is held by a government.