The number of Nationalised Banks in India is

Check All Courses

Question

The number of Nationalised Banks in India is

Options:

A . 21

B . 14

C . 20

D . 22

Answer: Option C
Answer: (c)On July 19, 1969, 14 commercial banks were nationalized, which got presidential approval on August 9, 1969. In 1980, in order to provide government more power and command over credit delivery, six more commercial banks in India were nationalized. If the associate banks of State Bank of India are counted, then the number goes to 27.

Was this answer helpful ?

Next Question

Submit Comment/FeedBack

More Questions on This Topic :

Question 1. The basis of determining dearness allowance (D.A.) to government employees in India is ....

Question 2. After ONGC, OIC, NTPC and SAIL, the ‘Navratna’ PSU which was awarded ‘Maharatna’ status is....

Question 3. The Indian economy can be most appropriately described as a : ....

Question 4. The Indian Economy is characterised by....

Question 5. Consider the following statement in regards to Unbalanced Economic Development, India has not yet achieved the goal o....nature of economic cycles. Which among the following statement is correct:

Question 6. Consider the following statements in regard to ‘RESIDEX’: The index is prepared to track the prices of re....companies and banks. Which of the statements given above is/are correct?

Question 7. What is the name of portal launched by RBI recently to check illegal money collection? ....

Question 8. Consider the following statementsThe current Economic Census is the seventh in the series so far conducted in India. The....of Finance). Which of the statements given above is/are correct?

Question 9. Which one of the following is not a quantitative credit control measure of a Central Bank ? ....

Question 10. State which amongst the following is not true about VAT ? ....

Latest Videos

Chapter 1 - GLOBAL STEEL SCENARIO & INDI Part 1 : (13-04-2024) INDUSTRY AND COMPANY AWARENESS (ICA)

Direction Sense Test Part 1 Reasoning (Hindi)

Chapter 1 - RMHP / OHP / OB & BP Part 1 : (14-02-2024) GPOE

Cube & Cuboid Part 1 Reasoning (Hindi)

Data Interpretation (DI) Basic Concept Reasoning (Hindi)

Counting Figures Part 1 Counting Of Straight Lines Reasoning (Hindi)

Sail E0 free webinar Webinars

Real Numbers Part 7 Class 10 Maths

Real Numbers Part 1 Class 10 Maths

Polynomials Part 1 Class 10 Maths

Latest Test Papers

Chapter 3.1 : Overview of Finance & Acco Chapter 3 : Finance & Accounts SAIL E0 - GFM 2024

Chapter 2.1 : Overview Chapter 2 : Materials Management SAIL E0 - GFM 2024

Chapter 1.1 : Personnel Functions- An ov Chapter 1 : Personnel Management SAIL E0 - GFM 2024

GPOE / GPA Combined 1 Free CBT Mock Test SAIL E0 2024

CBT Mixed Test 1 GPOE/GPA SAIL E0 2024