Question

Give 2 examples for nationalized banks.​

Answer 1

Answer:

Nationalization usually refers to private assets or to assets owned by lower levels of government (such as municipalities) being transferred to the state. ... For example, in 1945 the French government seized the car-maker Renault because its owners had collaborated with the Nazi occupiers of France.

Answer 2

Answer:

The major nationalized banks in India are State Bank of India (SBI), Punjab National Bank (PNB), Bank of Baroda (BOB), Canara Bank, Union Bank of India and so on.