1
Question
India nationalized 14 major commercial banks in 1969 with deposits not less than _________.
India nationalized 14 major commercial banks in 1969 with deposits not less than _________.
Open in App
Solution
The correct option is A Rs 50 crore each
“Nationalisation” is defined as “government taking control over assets and
over a corporation, usually by acquiring the majority stake or the whole stake
in the corporation”
In 1969, fourteen major private
commercial banks were nationalized with deposits not less than Rs.50 crores.
“Nationalisation” is defined as “government taking control over assets and over a corporation, usually by acquiring the majority stake or the whole stake in the corporation”
In 1969, fourteen major private commercial banks were nationalized with deposits not less than Rs.50 crores.
Suggest Corrections
0
Similar questions
View More
Join BYJU'S Learning Program
Explore more
Join BYJU'S Learning Program
