Question
Which bank was NOT nationalized during the bank nationalization process of 1969?
The correct answer is
State Bank of India
In 1969, the Indian government nationalized 14 banks, but the State Bank of India (SBI) was not included, as it had already been nationalized in 1955.
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Important Questions from Banking History or Facts
Which of the following is INCORRECT with respect to the repo rate?
Which of the following is NOT an amphibian animal?
In which year was the Reserve Bank of India (RBI) established?
The name of the first bank established in India was
A. Bank of Hindustan
B. Reserve Bank of India
C. Imperial Bank
D. State Bank of India
Nationalisation of 14 Commercial Banks took place in
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