Advanced Questions

1:

Which of the following sentence is false?

A.

Nationalisation of commercial banks has achieved its objectives

B.

Prior to nationalisation, commercial banks in India were generally concerned with profit maximisation only

C.

Nationalisation has enhanced the efficiency of commercial banks

D.

Bank nationalisation in India was prompted by the necessity of credit facilities reaching the rural sector and weaker sections of the society

 

Answer : A

Explanation :

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Option: A

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