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Banking Update Quiz MCQ Practice

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

  1. A. 1947
  2. B. 1991
  3. C. 1969
  4. D. 1935
Answer: 1969
Explanation: 1969 — verified fact for Banking Update Quiz.
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2. The Reserve Bank of India was established in which year?

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