Question
In 1969, fourteen commercial banks with deposits over
Rs.50 Cr were nationalised. Which of the following was not one of the reasons for nationalisation of the banks?ÂSolution
The Government of India issued an ordinance and nationalised the 14 largest commercial banks with effect from the midnight of 19 July 1969. These banks contained 85 percent of bank deposits in the country. A second dose of nationalisation of 6 more commercial banks followed in 1980. The stated reason for the nationalisation was to give the government more control of credit delivery. With the second dose of nationalisation, the Government of India controlled around 91% of the banking business of India.
Identify the pigment that gives blood its colour.
Which Union Ministry is associated with the Citizenship (Amendment) Act, 2019?
Which state's Shahi litchi has been awarded the Geographical Indication (GI) tag?
Which one of the following is not a correct IP address?
Match List – 1 and List – 2 and select the correct answer by using the code given below the list.
Where will India and the USA be co-hosting the Global Entrepreneurship Summit in November 2017?
Where was the 7th Indian Ocean Conference held?
Which of the following is/are one of the United Nations Sustainable Development Goals?
(A) Zero Hunger
(B) Climate Action
(C...
The first Amendment to the constitution of India was made on______.
Rivers such as the Ganga and Son flowed through ______, a mahajanapada in ancient India.
