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SSC MTS 2025 · PYQ · Economy · medium

Which was the only nationalised bank in India before 1969?

  1. A.Bank of Baroda
  2. B.Allahabad Bank
  3. C.Central Bank of India
  4. D.SBI✓ Correct

Explanation

State Bank of India was established and nationalised in 1955 under the SBI Act, making it the only nationalised bank before the 1969 mass nationalisation of 14 banks.
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