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The Defence Ministry gave private sector banks permission to offer financial support for the purchase of military equipment abroad. Which of the following banks got the approval?

1. ICICI Bank
2. Axis Bank
3. HDFC Bank
4. Only A and B

Correct answer: Only A and B

Solution

The approval was given to ICICI Bank and Axis Bank, so the combined option is correct. Such questions test current banking and defence-related developments.

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