BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
____was not nationalized in 1969
A
Punjab National Bank
B
Oriental Bank of commerce
C
Bank of Baroda
D
Union Bank of India
Explanation: 

Detailed explanation-1: -The correct answer is Andhra Bank.

Detailed explanation-2: -The State Bank of India (SBI) was not nationalised in 1969.

Detailed explanation-3: -*Industrial Development Bank of India (IDBI) is another Public Sector Bank that is not nationalized.

Detailed explanation-4: -14 Nationalized Banks in 1969: Bank of Baroda, Union Bank, Bank of India, Bank of Maharashtra, Canara Bank, Central Bank of India, Dena Bank, Allahabad Bank, Indian Bank, Indian Overseas Bank, Punjab National Bank, Syndicate Bank, UCO Bank and United Bank of India.

There is 1 question to complete.