Match the items of List – I with List – II : List – I List – II a. RBI Nationalization i. 1964 b.…
Matching the landmarks in Indian banking history: (a) RBI Nationalization occurred in (ii) 1949; (b) Imperial Bank Nationalization (forming State Bank of India) took place…
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Match the items of List – I with List – II :
List – I
List – II a. RBI Nationalization i. 1964 b. Imperial Bank Nationalization ii. 1949 c. Nationalization of 14 Commercial Banks iii. 1955 d. Establishment of IDBI iv. 1969 Identify the correct combination :
Answer and explanation
Correct answer D
Matching the landmarks in Indian banking history: (a) RBI Nationalization occurred in (ii) 1949; (b) Imperial Bank Nationalization (forming State Bank of India) took place in (iii) 1955; (c) Nationalization of 14 major commercial banks occurred in (iv) 1969; and (d) Establishment of IDBI took place in (i) 1964. Thus, '(a)-ii, (b)-iii, (c)-iv, (d)-i' is correct.
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UGC NET Commerce