65th B.P.S.C. (Re-Exam) (Pre) 2020
In August 2019, how much principal (in crores) did the Ministry of Finance, Government of India announce to infuse to improve the liquidity and lending arrangements of public sector banks?
aRs. 30,000
bRs 45,000
cRs 70,000✓ Correct
dRs 80,000
eNone of the above
Explanation
In August 2019, the Ministry of Finance, Government of India, announced a capital infusion of ₹70,000 crore to improve liquidity and lending in public sector banks.
economic-social-development