🎴 Flashcard Mode
Indian General Knowledge: Entertainment, Media, and Banking
Card1 / 20
Mastered0
Review0
QuestionClick to flip
When was the Imperial Bank of India nationalized to form the State Bank of India?
AnswerClick to flip back
A
1955
💡 Explanation:
The Imperial Bank of India was nationalized in 1955 to form the State Bank of India through the State Bank of India Act. This marked a significant step in India's banking sector development.