Multiple choice general knowledge

When were banks in India nationalised?

  1. 1969

  2. 1971

  3. 1973

  4. None of the above
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A Correct answer
Explanation

Banks in India were nationalized in 1969, when 14 major commercial banks were taken over by the government. This was a significant economic policy decision aimed at expanding banking access to rural areas. The other years are incorrect.

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