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  • How many banks got nationalized in 1969?
Multiple choice general knowledge

How many banks got nationalized in 1969?

  1. 14

  2. 16

  3. 18

  4. 19

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A Correct answer
Explanation

On July 19, 1969, the Government of India nationalized 14 major commercial banks under the Banking Companies (Acquisition and Transfer of Undertakings) Act. This was a significant economic decision during Indira Gandhi's prime ministership.

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