Q. How many public sector banks are there in India?
Answer: 12
Notes: As of October 11, 2023, India has 12 public sector banks:

1. Bank of Baroda
2. Bank of India
3. Bank of Maharashtra
4. Canara Bank
5. Central Bank of India
6. Indian Bank
7. Indian Overseas Bank
8. Punjab & Sind Bank
9. Punjab National Bank
10. State Bank of India
11. UCO Bank
12. Union Bank of India

A bank is considered a public sector bank if the government owns more than 51% of the bank's stock.