Question : Which of the following is an example of a public sector bank in India?
Option 1: Federal Bank
Option 2: HDFC Bank
Option 3: Axis Bank
Option 4: Punjab National Bank
Correct Answer: Punjab National Bank
Solution : The correct answer is Punjab National Bank .
Punjab National Bank is a public-sector bank in India. Lala Lajpat Rai founded the Indian National Bank on May 19, 1894, and it was the first bank that was entirely Indian. Currently, Punjab National Bank's headquarters are located in New Delhi.
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