Which of the following were considered to be compelling reasons for bank Nationalization?
A. Concentration of wealth and economic power in the hands of industrialists and business
B. Branch expansion was confined to urban areas and rural area were being neglected
C. Sectors like agriculture small scale industries and the other deserving sectors were outside the purview of bank lending operations
D. Above all
Answer: Option D
Related Questions on Banking Awareness miscellaneous
A. Bombay Stock Exchange
B. Delhi Stock Exchange
C. Calcutta Stock Exchange
D. Bangalore Stock Exchange
Which of the following is not a function of General Insurance?
A. Cattle Insurance
B. Crop Insurance
C. Fire Insurance
D. Medical Insurance
Liability- side of the balance-sheet comprises:
A. Capital and reserve
B. Long-term liabilities
C. Current liabilities
D. All of the above
Join The Discussion