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  • Question
  • Which of the following bank has been categorized as a private sector lender following the acquisition of majority stake by Life Insurance Corporation?


  • Options
  • A. Axis Bank
  • B. HDFC Bank
  • C. IDBI Bank
  • D. Punjab National Bank

  • Correct Answer
  • IDBI Bank 

    Explanation
    As per RBI notification, IDBI Bank has been categorized as a private sector lender following the acquisition of majority stake by Life Insurance Corporation. IDBI Bank has been under the prompt corrective action framework of RBI that bans it from corporate lending and branch expansions, salary hikes and other regular activities. In January 2019, LIC completed the process of picking up a controlling 51% stake in the nearly crippled IDBI Bank. IDBI Bank has been categorized as a 'private sector bank' with effect from January 21, 2019.

  • More questions

    • 1. Which film has won the Golden Peacock award at the 2016 International Film Festival of India (IFFI)?

    • Options
    • A. Rauf
    • B. Daughter
    • C. The Throne
    • D. Cold of Kalandar
    • Discuss
    • 2. The world's largest open air theatre, 11-days Bargarh Dhanu Yatra that concluded in second week of January 2017 with the death King Kansa at the hands of his nephew Lord Krishna is held in which state?

    • Options
    • A. Bihar
    • B. Uttar Pradesh
    • C. Jharkhand
    • D. Odisha
    • Discuss
    • 3. Which Indian Film opens the 2018 London Indian Film Festival?

    • Options
    • A. Sanju
    • B. Race 3
    • C. Raazi
    • D. Love Sonia
    • Discuss
    • 4. Famous HIV/AIDS researcher Mark Wainberg passed away recently. He belonged to which country?

    • Options
    • A. USA
    • B. Canada
    • C. United Kingdom
    • D. Australia
    • Discuss
    • 5. Which film won the Best Foreign Film in Oscar 2019?

    • Options
    • A. Shoplifters
    • B. Cold War
    • C. Roma
    • D. Capernaum
    • Discuss
    • 6. Which Hockey team won Malaysia series?

    • Options
    • A. Germany
    • B. Spain
    • C. India
    • D. Malaysia
    • Discuss
    • 7. The Union Cabinet approved the signing of a new Air Services Agreement with this country recently.

    • Options
    • A. Poland
    • B. Germany
    • C. Serbia
    • D. Australia
    • Discuss
    • 8. Government infused a capital of Rs. 205 crore with which bank recently?

    • Options
    • A. Indian Overseas Bank
    • B. Punjab National Bank
    • C. Bank of Baroda
    • D. Bank of Maharashtra
    • Discuss
    • 9. The Union Cabinet approved four GST related bill recently. Identify which of the following is not one of them.

    • Options
    • A. The Central Goods and Services Tax Bill 2017
    • B. The Integrated Goods and Services Tax Bill 2017
    • C. The Union Territory Goods and Services Tax Bill 2017
    • D. The States Goods and Services Tax Bill 2017
    • Discuss
    • 10. Which of the following movies won the 89th Academy Awards for the Best Picture?

    • Options
    • A. La La Land
    • B. Arrival
    • C. Moonlight
    • D. Lion
    • Discuss


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