Which of the following statements is not correct

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Examveda

Which of the following statements is not correct?

A. Nationalization of commercial banks has achieved its objectives

B. Prior to nationalization, commercial bank in India were generally concerned with profit maximisation only

C. Nationalization has enhanced the efficiency of commercial banks

D. Bank nationalization in India was promoted by the necessity of credit facilities reaching the rural sector and weaker section of the society

Answer: Option A

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