1, 2, 3 and 4
2, 3 and 5
2, 4 and 5
3, 4 and 5
Answer is Right!
Answer is Wrong!
The correct answer is B. 2, 3 and 5.
The first phase of bank nationalisation in India took place in 1969, when 14 major commercial banks were nationalised. The second phase of bank nationalisation took place in 1980, when 6 more commercial banks were nationalised.
The years 1950, 1955 and 1949 were not phases of bank nationalisation in India.