question_answer

Which of the following statements is/are correct?

I. On 19th July 1960, SBFs seven subsidiaries were nationalised with deposits over 200 crores.

II. The major nationalisation of banks happened in 1969 by the then Prime Minister Indira Gandhi.

III. The major objective behind nationalisation was to spread banking infrastructure in rural areas make cheap finance available to Indian farmers.

Codes

A)  I and II                        

B)  II and III

C)  I and III                       

D)  I. II and III

E)  Only III