Current Affairs - Economy - Discussion

Discussion :: Economy - Latest Current Affairs (Q.No.104)


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

[A]. Rs 20,000 crore
[B]. Rs 50,000 crore
[C]. Rs 70,000 crore
[D]. Rs 90,000 crore

Answer: Option C


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.

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