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Q.

The total number of commercial banks nationalised so far is--------------

Options:
A 7
B 14
C 20
D 24
E None of these

Asked by nitesh duseja, 26 Jan '09 03:22 pm
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Answers (13)

1.

24
Answered by Rakesh Niranjan, 17 May '13 02:13 pm

 
  
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2.

20
Source: 20
Answered by nancy alapatt, 05 Jun '12 08:34 pm

 
  
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3.

C 20
Answered by sourabh, 15 Jul '11 07:24 pm

 
  
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4.

20
Source: from UIIC examp
Answered by sureshbabu gollamudi, 26 Mar '11 01:40 pm

 
  
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5.

14
Source: net
Answered by gaurav jain, 26 Feb '11 12:32 pm

 
  
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6.

Nationalization of Banks started in 1955, with State Bank of India being the first bank to be nationalized. Then in 1960, its seven subsidiaries (now six) were also nationalized. The process of nationalization of banks picked up speed in 1969, under the governance of then prime minister, Indira Gandhi and 14 banks were nationalized with the objective of spreading banking infrastructure in rural areas and make cheap finance available to Indian farmers.The second phase of nationalization of Indian banks took place in 1980, in which 7 more banks were nationalized with deposits over 200 crores. At present, the 27 nationalized banks are- (remember, State bank of Saurashtra is now merged with SBI)

* Allahabad Bank
* Andhra Bank
* Bank of Baroda
* Bank of India
* Bank of Maharashtra
* Canara Bank
* Central Bank of India
* Corporation Bank ...more
Source: googled
Answered by vikram, 12 Feb '11 02:21 pm

 
  
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7.

E
Answered by vikram gaikwad, 28 Jan '11 04:56 pm

 
  
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8.

C 20
Answered by vimalkumar, 10 Nov '10 07:43 am

 
  
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9.

24
Answered by Shreeraj Vidwans, 20 Aug '10 10:24 pm

 
  
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10.

24
Answered by jeetendra, 19 Aug '10 02:02 am

 
  
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