Which of the following were considered to be compelling reasons for bank Nationalization? Options: A . &nbspConcentration of wealth and economic power in the hands of industrialists and business B . &nbspBranch expansion was confined to urban areas and rural area were being neglected C . &nbspSectors like agriculture small scale industries and the other deserving sectors were outside the purview of bank lending operations D . &nbspAbove all

Which of the following were considered to be compelling reasons for bank Nationa

Question

Which of the following were considered to be compelling reasons for bank Nationalization?

Options:

A . Concentration of wealth and economic power in the hands of industrialists and business

B . Branch expansion was confined to urban areas and rural area were being neglected

C . Sectors like agriculture small scale industries and the other deserving sectors were outside the purview of bank lending operations

D . Above all

Answer: Option D

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