Financial performance and operational efficiency of banks is objectively reflected in their annual financial statements. With reference to this identify which of the following measures are taken for effective Performance Evaluation of PSBS? 1. Public Sector Banks (PSBs) are required to have their annual financial statements approved by their respective Board of Directors. 2. Banks are required to transparently disclose their annual financial statements to stock exchanges 3. Banks have to furnish a copy of AFS to the Reserve Bank of India (RBI). 4. Banks have to present these at the annual general meeting of their shareholders for approval and adoption after discussion. Select the correct answer using the codes given below: - Study24x7
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UPSC & State PSC
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Financial performance and operational efficiency of banks is objectively reflected in their annual financial statements. With reference to this identify which of the following measures are taken for effective Performance Evaluation of PSBS? 1. Public Sector Banks (PSB...

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A

1 only

B

1 and 2 only

C

1, 2 and 3 only

D

1, 2, 3 and 4

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