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  9. Q11

MPPSC (MP PCS) 2014 · Question 11 of 100

In which year did the government of India nationalized 14 major private banks?

economy

  1. A1968
  2. B1970
  3. C1969Correct
  4. D1965

Answer: C. 1969

Explanation

To reform of the banking sector, the Government of India nationalized 14 major banks were in 1969. After this, 6 banks were nationalized in 1980.

Source: MPPSC Prelims 2014 GS Paper-I (evidyarthi English solved compilation; answers per compilation)

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