Multiple choice

Which one of the following banks was nationalized in the second wave of nationalization in 1980?

  1. Central Bank of India

  2. Bank of India

  3. Syndicate Bank

  4. Corporation Bank

  5. Bank of Maharashtra
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The second wave of bank nationalization in 1980 involved 6 banks: Andhra Pradesh Bank, Corporation Bank, New Bank of India, Oriental Bank of Commerce, Punjab and Sind Bank, and Vijaya Bank. Corporation Bank (founded 1905) was indeed one of these banks, bringing the total nationalized banks to 28 by 1980.

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