RBI has issued Rs 5500 cr zero-coupon bonds for the recapitalization of which bank?

1. 

RBI has issued Rs 5500 cr zero-coupon bonds for the recapitalization of which bank?
[A]. Karnataka Bank
[B]. Lakshmi Vilas Bank
[C]. Punjab & Sind Bank
[D]. YES Bank

Answer: Option C

Explanation:

The Reserve Bank of India (RBI) has red-flag the Rs 5,500-crore zero-coupon bonds issued by the government towards recapitalizing state-run Punjab and Sind Bank (PSB).

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