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  • Indian Economy : Money and Banking
  • Directions: Choose the correct option for the given quest...
Multiple choice

Directions: Choose the correct option for the given question:

How many banks were first nationalised?

  1. 10

  2. 12

  3. 14

  4. 16

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

The first phase of bank nationalization in India occurred on July 19, 1969, when 14 major commercial banks were nationalized.

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