Indradhanush scheme launched to revamp PSBs
Q. Name the initiative launched by the Finance Minister Arun Jaitely to revamp functioning of public sector banks, PSBs on 14th Aug’15?- Published on 28 Aug 15a. Seven Plan
b. Maulik Niti
c. BankNiti
d. Indradhanush
ANSWER: Indradhanush
Indradhanush is a seven pronged plan that includes appointments, capitalisation, de-stressing PSBs, empowerment, framework of accountability and governance reforms.