16. Who was the Governor of the Reserve Bank of India during the nationalization of banks in 1969?
a) H.V.R. Iyengar
b) L.K. Jha
c) C. Rangarajan
d) S. Jagannathan
17. Which major bank was nationalized in 2019 by the Government of India?
a) Bank of India
b) ICICI Bank
c) Yes Bank
d) Punjab National Bank
18. Which committee recommended the nationalization of banks in 2019?
a) Page Committee
b) PJ Nayak Committee
c) Narsimham Committee II
d) Acharya Committee
19. Which bank had the largest number of branches after the nationalization of banks in 1969?
a) State Bank of India
b) Punjab National Bank
c) Bank of Baroda
d) Canara Bank
20. Which of the following is not a drawback of bank nationalization?
a) Increased political interference
b) Slower decision-making process
c) Lack of innovation and competition
d) Poor resource allocation
