Which of the following sentence is false?
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Nationalisation of commercial banks has achieved its objectives
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Prior to nationalisation, commercial banks in India were generally concerned with profit maximisation only
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Nationalisation has enhanced the efficiency of commercial banks
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Bank nationalisation in India was prompted by the necessity of credit facilities reaching the rural sector and weaker sections of the society
Option A is the false statement. Bank nationalisation's achievements remain debated; while it expanded rural reach, its efficiency and objective fulfillment are contested. Options B, C, and D accurately describe pre-nationalisation profit focus, efficiency improvements, and the rural sector inclusion motive respectively. Thus A, claiming nationalisation achieved all objectives, is the incorrect assertion.