Nationalization of Banking

31. True or False: All private sector banks in India were nationalized during the 1969 nationalization drive.

32. Which bank was the last private sector bank to be nationalized in India?

a) Canara Bank

b) UCO Bank

c) Union Bank of India

d) Dena Bank

33. Who was the first Governor of the Reserve Bank of India after nationalization in 1969?

a) K.R. Puri

b) I.G. Patel

c) Manmohan Singh

d) H.V.R. Iyengar

34. What was the approximate percentage of bank branches under the control of nationalized banks after the 1980 nationalization?

a) 35%

b) 50%

c) 70%

d) 90%

35. True or False: The nationalization of banks in India led to improved access to credit for small and medium-sized enterprises.