MC4 Which of the following banks was nationalized in the second phase of bank nationalization in India?
A. Canara Bank
B. Central Bank of India
C. Bank of Baroda
D. Punjab and Sind Bank
Answer:C
MC4 Which of the following banks was nationalized in the second phase of bank nationalization in India?
A. Canara Bank B. Central Bank of India C. Bank of Baroda D. Punjab and Sind Bank
Explanation: Bank of Baroda was nationalized in the second phase of bank nationalization in India in 1980. The first phase of nationalization occurred in 1969, when 14 major banks were nationalized.