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Banking Reforms Quiz MCQ Practice

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1. Bank nationalization in India, affecting 14 major banks, took place in which year?

  1. A. 1991
  2. B. 1947
  3. C. 1969
  4. D. 1935
Answer: 1969
Explanation: 1969 — verified fact for Banking Reforms Quiz.

2. The Reserve Bank of India was established in which year?

  1. A. 1950
  2. B. 1969
  3. C. 1947
  4. D. 1935
Answer: 1935
Explanation: 1935 — verified fact for Banking Reforms Quiz.

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