05 - Nationalization of Banking

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1).
Which of these banks was nationalised in 1969?
2).
Which nationalised bank was merged with Punjab National bank in 1993?
3).
Who was the Prime Minister of India when Banking Nationalization was done in 1969?
4).
When was the State Bank of India nationalised?
5).
Which of these banks was not associated with the State Bank of India in 1959?
6).
Why were Banks nationalised in India?
7).
Which of these banks was nationalised in 1969?
8).
How many banks were nationalised in 1980?
9).
How many banks were Nationalised in 1969 under the Banking Companies (Acquisition and Transfer of Undertakings) Ordinance, 1969?
10).
In which year the second round of Bank nationalisation was done?
1. Which of these banks was nationalised in 1969?
[A] United Bank of India
[B] Vijaya Bank
[C] Andhra Bank
[D] Punjab and Sind Bank
2. Which nationalised bank was merged with Punjab National bank in 1993?
[A] Punjab and Sind Bank
[B] Ludhiana Area bank
[C] Majha united bank
[D] New Bank of India
3. Who was the Prime Minister of India when Banking Nationalization was done in 1969?
[A] Jawahar Lal Nehru
[B] Indira Gandhi
[C] Rajiv Gandhi
[D] Narsimha Rao
4. When was the State Bank of India nationalised?
[A] 1955
[B] 1956
[C] 1959
[D] 1964
5. Which of these banks was not associated with the State Bank of India in 1959?
[A] State Bank of Hyderabad
[B] State Bank of Indore
[C] State Bank of Mysore
[D] State Bank of Patna
6. Why were Banks nationalised in India?
[A] To borrow money from USA
[B] To follow the IMF guidelines
[C] To provide the government of India more control of credit delivery
[D] All of the above
7. Which of these banks was nationalised in 1969?
[A] Union Bank of India
[B] Oriental Bank of Commerce
[C] UCO Bank
[D] All of the above
8. How many banks were nationalised in 1980?
[A] 5
[B] 6
[C] 7
[D] 8
9. How many banks were Nationalised in 1969 under the Banking Companies (Acquisition and Transfer of Undertakings) Ordinance, 1969?
[A] 15
[B] 14
[C] 13
[D] 11
10. In which year the second round of Bank nationalisation was done?
[A] 1979
[B] 1974
[C] 1980
[D] 1988
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