Social Sciences, asked by yuvrajjha, 1 year ago

what do you mean by nationalisation of banks and industry

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Answered by nawrinth56
6

Nationalization is an act of taking an industry or assets into the public ownership of a national government. Nationalization refers to private assets being transferred to the public sector to be operated by or owned by the state. So there is no difference between a nationalized bank and a public sector Bank.

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