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Indian Rural Credit

Nationalisati...

Question

Nationalisations of banks aimed at all of the following except _____________.

A

provision of adequate credit for agriculture, SME and 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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Solution

The correct option is C provision of credit to big industries only
Nationalisation of banks aimed at all of the provision of adequate credit, for agriculture and small industry and export only, but not big industries.

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