Nationalization of Banking


41. Which of the following is not one of the priority sectors for lending by nationalized banks?

a) Agriculture

b) Education

c) Small-scale industries

d) Real estate

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42. True or False: Nationalization helped to ensure stability in the banking sector and reduce bank failures.

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43. Which bank was the first to be nationalized in 1969?

a) Canara Bank

b) Bank of Baroda

c) Punjab National Bank

d) Allahabad Bank

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44. Which major private sector bank was acquired by a nationalized bank in 2004?

a) Bank of Rajasthan

b) ICICI Bank

c) Kotak Mahindra Bank

d) Axis Bank

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45. True or False: Nationalized banks in India are not allowed to be listed on the stock exchange.

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