Question
Nationalisation of 14 banks happened in the
year:Solution
In 1969 the Indian Government nationalised 14 major private banks. In the year 1980, six more private banks were nationalized, making the total number to 20. In 1994, New Bank of India was merged with Punjab National Bank, thus making the number to 19. SBI is also a Nationalsied Bank under SBI Act of 1955. IDBI Bank is also a Public Sector Bank, started as Industrial Development Bank of India Industrial Development bank of India in 1964. These nationalised banks are the majority lenders in the Indian economy.
Justice Revati Mohite Dere was sworn in as the first woman Chief Justice of which High Court?Â
Who won the Belgian Grand Prix after George Russell's disqualification?
- Which Indian state became the top recipient of Foreign Direct Investment (FDI) in FY25?
In which river will India’s first solar-powered boat be launched?
Which entity recently launched the second international banking centre in Chennai to cater to the financial needs of global Indians?
Who won the Prime Minister election in Mauritius on November 11, 2024?
Which state recently joined the Ayushman Bharat PM-JAY scheme?
- Which central agency approved the River Cities Alliance (RCA) master plan?
Government has advanced the target of 20% ethanol blending in petrol from earlier 2030 to ______.
REC Limited has signed an agreement with which organization to aid in the education of approximately 75,500 children in the Siddharthnagar, UP?