Current Affairs - Economy - Discussion

Discussion Forum : Economy - Latest Current Affairs (Q.No. 1142)

2019-07-07 Economy

1142.

How much amount is allocated in the Union Budget 2019 to boost credit in Public Sector Banks?

Rs 20,000 crore

Rs 50,000 crore

Rs 70,000 crore

Rs 90,000 crore

Answer: Option

Explanation:

Union Budget 2019 proposes the provision of Rs. 70,000 crore to Public Sector Banks to boost credit. The banks have been tasked to leverage technology, offer online personal loans and doorstep banking, and enable customers of one PSB to access services across all PSBs.