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Nationalisation of 14 Commercial Banks took place in:

  1. A
    1969
  2. B
    1980
  3. C
    1971
  4. D
    1991

Solution & Step-by-step Explanation

The Government of India nationalized 14 major commercial banks on July 19, 1969, through the Banking Companies (Acquisition and Transfer of Undertakings) Ordinance, under the leadership of Prime Minister Indira Gandhi. A second wave of nationalization occurred later in 1980 involving 6 more banks.

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Nationalisation of 14 Commercial Banks took place in:
A
1969
B
1980
C
1971
D
1991

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