Question

First time, 14 banks were nationalized on:
1. 19 July, 1969
2. 20 July, 1969
3. 21 July, 1969
4. None of These

Answer 1

Answer:-

First time, 14 banks were nationalized on:

1. 19 July, 1969

2. 20 July, 1969

3. 21 July, 1969

4. None of These

☆ Correct option ➠ July 19, 1969

Explanation:-

• On July 19, 1969, 14 major lenders that accounted for 85% of bank deposits in the country at that time were nationalised.

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