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Indian Rural Credit

Nationalisati...

Question

Nationalisation of banks aimed at all of the following except

A

Provision of adequate credit for agriculture, SME & Exports

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B

Removal of control by a few capitalists

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C

Provision of credit to big industries only

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D

Access of banking to masses

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E

Encouragement of a new class of entrepreneurs

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Solution

The correct option is C Provision of credit to big industries only
Nationalisation of banks aimed at all of the following except provision of credit to big industries only.

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