GK
INDIAN ECONOMY
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Tha number of Banks nationalised since 1969 is
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8
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12
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14
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20
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Explanation:
Detailed explanation-1: -It was on July 19, 1969, when then prime minister Indira Gandhi announced the nationalisation of 14 commercial Indian banks with deposits of over Rs 50 crores.
Detailed explanation-2: -On the midnight of July 19, 1969, Indira Gandhi’s government nationalised 14 banks, each with reserves of more than Rs. 50 crore.
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