Indradhanush Mission aims to:

Answer: [B] revamp functioning of public sector banks

Indradhanush Mission aims to revamp functioning of public sector banks in India. The seven elements which will be focussed in the mission include appointments, board of bureau, capitalisation, de-stressing, and empowerment, framework of accountability and governance reforms.  The government outlined the structure of a seven-member Bank Board Bureau that will oversee the appointments process at public sector banks and provide advisory services.

This question is a part of GKToday's Integrated IAS General Studies Module