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      Question

      Subsidiary banks of the State Bank of India (SBI) was

      nationalised in ______
      A 1958 Correct Answer Incorrect Answer
      B 1959 Correct Answer Incorrect Answer
      C 1961 Correct Answer Incorrect Answer
      D 1963 Correct Answer Incorrect Answer
      E 1971 Correct Answer Incorrect Answer

      Solution

      In 1959, State Bank of India (subsidiary) act was passed. As per the act, seven subsidiary banks of the State Bank of India (SBI) were nationalized as a major process of nationalization

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