Why were Banks nationalised in India? | Faculties

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Mr. Dubey

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📊 Banking and Finance

Q. Why were Banks nationalised in India?

(A) To borrow money from USA
(B) To follow the IMF Guidelines
(C) To provide the government of India more control of credit delivery
(D) All of the above

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✅ Correct Answer: (C) To provide the government of India more control of credit delivery

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