Multiple choice

Nationalisation of banks aimed at all of the following except

  1. removal of control by a few

  2. provision of control by a few

  3. provision of adequate credit for agriculture, small industry and export units

  4. encouragement of a new class of entrepreneur
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The nationalization of banks in India aimed to achieve multiple objectives: removing control by a few private individuals (A is a valid aim), providing adequate credit to priority sectors like agriculture and small industries (C is a valid aim), and encouraging a new class of entrepreneurs (D is a valid aim). 'Provision of control by a few' (B) is the opposite of what nationalization sought - it aimed to reduce concentration of control, not increase it. Therefore, B is the exception.

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