Multiple Choice Questions on In 1980 how many banks were nationalized ........ for General Studies Current affairs Archives (UPSC) Preparation

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    In 1980, how many banks were nationalized?

    5

    Incorrect Answer

    6

    Correct Answer

    7

    Incorrect Answer

    8

    Incorrect Answer
    Explanation:

    On 15 April, 1980 the banks with more than Rs 200 crore of reserves got nationalised. Those six banks, which got nationalised are the following:

    • Andhra Bank
    • Corporation Bank
    • New Bank of India
    • Oriental Bank of Commerce
    • Punjab and Sindh Bank
    • Vijaya Bank

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