Multiple choice

The Government of India acquired the ownership and control of major banks in 1969 whose deposits were not less than

  1. Rs. 40 crore

  2. Rs. 50 crore

  3. Rs. 60 crore

  4. Rs. 80 crore

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

In 1969, the Government of India nationalized 14 major commercial banks that had deposits of Rs. 50 crore or more.