Question : Banks in India were nationalized for the first time in the year:
Option 1: 1950
Option 2: 1960
Option 3: 1969
Option 4: 1979
Correct Answer: 1969
Solution : The correct option is 1969
The ultimate purpose of nationalising banks was to extend banking services to neglected and underprivileged areas and to facilitate financial inclusion and consolidation. On July 19, 1969, Prime Minister Indira Gandhi ordered the nationalisation of 14 banks with deposits exceeding Rs. 50 crore. Banks lend money to people, institutions and others to establish businesses and for various commercial and personal transactions.
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Question : In which year was the Estimates Committee constituted for the first time in India?
Option 1: 1948
Option 2: 1950
Option 3: 1947
Option 4: 1949
Question : The Government of India initiated the comprehensive family planning programme in the year ______.
Option 1: 1960
Option 2: 1991
Option 3: 1972
Option 4: 1982
Question : The communal electorate was introduced for the first time in India in
Option 1: 1919
Option 2: 1935
Option 3: 1906
Option 4: 1909
Question : In which of the following Olympic games did India not win Gold?
Option 2: 1928
Option 3: 1932
Option 4: 1960
Question : When was 'Vayudoot' airline set up in India?
Option 1: 1981
Option 3: 1971
Option 4: 1969
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