In which year were the 2nd and 4th Saturdays of every month declared holidays for Public Sector Banks?
- A.2012
- B.2015
- C.2019
- D.2020
Show answer
Correct answer: B. 2015
Explanation
The correct answer is 2015. In its appeal of 21 September 2026, the Ministry of Finance recalled that the Government, in the interest of bank employees, declared the 2nd and 4th Saturdays of every month as holidays for public sector banks in 2015. The remaining Saturdays are working days and, the Ministry said, an important opportunity for many citizens to use banking services.
The other years are distractors. This fact matters because the unions' pending demand, five-day banking, would turn every Saturday into a holiday. The Government's argument is that customers already lose two Saturdays a month, and that the planned strike from 28 to 30 September, next to a weekend and the half-yearly closing on 30 September, would mean an effective five-day shutdown of banking at a sensitive time of the financial year.