Indian Economy
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Banking

Six Commercial banks were nationalised by the Government on
     A.  April 15, 1980
     B.  May 10, 1981
     C.  July 21, 1982
     D.  May 13, 1984

Answer:

A


The 14 major banks were nationalised by the Government on
     A.  June 19, 1967
     B.  July 19, 1969
     C.  May 21, 1962
     D.  May 12, 1963

Answer:

B


Which of the following is the first Private bank established based on the recommendations of the Narasimhan Committee?
     A.  UTI Bank Ltd.
     B.  Union Bank
     C.  Bank of Baroda
     D.  Dena Bank

Answer:

A


UTI Bank Ltd. was established in
     A.  1991
     B.  1992
     C.  1993
     D.  1994

Answer:

D


Industrial Financial Corporation of India was established in
     A.  1948
     B.  1950
     C.  1951
     D.  1952

Answer:

A


Indian Economy