Question

Which one of the following is the correct chronological sequence of nationalisation of the given sets of banks?

• A. SBI, RBI, $14$ banks, $6$ banks
• B. RBI, SBI, $16$ banks, $14$ banks
• C. RBI, SBI, $14$ banks, $6$ banks
• D. SBI, RBI, $6$ banks, $14$ banks

Answer 1

The correct option is C RBI, SBI, $14$ banks, $6$ banks

The correct chronological sequence of nationalization of the banks are.
A. Reserve Bank of India, January $1$, $1949$
B. State Bank of India, $1955$
C. $14$ Banks, July $19$, $1969$
D. $6$ Banks, $1980$.