Which one of the following statement is incorrect

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Which one of the following statement is incorrect?

A. Only 14 banks were nationalised in the first stage of nationalisation of commercial banks

B. The second dose of nationalisation came in April 1980, when banks were nationalised

C. RBI started its operation with a paid-up capital on Rs. 5 crore

D. Safe deposit vaults are made available by bank only to fixed deposit account holders

Answer: Option D

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