GKwizard

The primary objective of the 'Nationalization of Banks (Second Phase) Act, 1980' was to:

Answer: Option B

The second phase of bank nationalization in 1980 brought six more private sector banks under government ownership, further increasing the public sector's dominance in the banking industry.

1
Which of the following best describes the primary objective of India's economic planning since independence?

2
The concept of 'Hindu rate of growth' is often used to refer to:

3
Which of the following was a key recommendation of the Narasimham Committee I (1991)?

4
The 'Washington Consensus' generally advocates for which set of economic policies?

5
What is the primary function of the Goods and Services Tax (GST) Council in India?

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