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The year 2019 marks the 50th anniversary of bank nationalization, the biggest structural reform introduced in the financial sector during the post-Independence period. In this context, consider the following objectives of nationalization:1. To break the nexus between the banks and the big businesses that were disproportionately cornering bank finance for their narrow, selfish ends.2. To ensure the balanced flow of credit to all the productive sectors, across various regions and social groups of the country.3. To provide stability to the banking system by preventing bank failures and speculative activities.Which of the above statements are correct?a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about The year 2019 marks the 50th anniversary of bank nationalization, the biggest structural reform introduced in the financial sector during the post-Independence period. In this context, consider the following objectives of nationalization:1. To break the nexus between the banks and the big businesses that were disproportionately cornering bank finance for their narrow, selfish ends.2. To ensure the balanced flow of credit to all the productive sectors, across various regions and social groups of the country.3. To provide stability to the banking system by preventing bank failures and speculative activities.Which of the above statements are correct?a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The year 2019 marks the 50th anniversary of bank nationalization, the biggest structural reform introduced in the financial sector during the post-Independence period. In this context, consider the following objectives of nationalization:1. To break the nexus between the banks and the big businesses that were disproportionately cornering bank finance for their narrow, selfish ends.2. To ensure the balanced flow of credit to all the productive sectors, across various regions and social groups of the country.3. To provide stability to the banking system by preventing bank failures and speculative activities.Which of the above statements are correct?a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer?.

Solutions for The year 2019 marks the 50th anniversary of bank nationalization, the biggest structural reform introduced in the financial sector during the post-Independence period. In this context, consider the following objectives of nationalization:1. To break the nexus between the banks and the big businesses that were disproportionately cornering bank finance for their narrow, selfish ends.2. To ensure the balanced flow of credit to all the productive sectors, across various regions and social groups of the country.3. To provide stability to the banking system by preventing bank failures and speculative activities.Which of the above statements are correct?a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.

Here you can find the meaning of The year 2019 marks the 50th anniversary of bank nationalization, the biggest structural reform introduced in the financial sector during the post-Independence period. In this context, consider the following objectives of nationalization:1. To break the nexus between the banks and the big businesses that were disproportionately cornering bank finance for their narrow, selfish ends.2. To ensure the balanced flow of credit to all the productive sectors, across various regions and social groups of the country.3. To provide stability to the banking system by preventing bank failures and speculative activities.Which of the above statements are correct?a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of The year 2019 marks the 50th anniversary of bank nationalization, the biggest structural reform introduced in the financial sector during the post-Independence period. In this context, consider the following objectives of nationalization:1. To break the nexus between the banks and the big businesses that were disproportionately cornering bank finance for their narrow, selfish ends.2. To ensure the balanced flow of credit to all the productive sectors, across various regions and social groups of the country.3. To provide stability to the banking system by preventing bank failures and speculative activities.Which of the above statements are correct?a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer?, a detailed solution for The year 2019 marks the 50th anniversary of bank nationalization, the biggest structural reform introduced in the financial sector during the post-Independence period. In this context, consider the following objectives of nationalization:1. To break the nexus between the banks and the big businesses that were disproportionately cornering bank finance for their narrow, selfish ends.2. To ensure the balanced flow of credit to all the productive sectors, across various regions and social groups of the country.3. To provide stability to the banking system by preventing bank failures and speculative activities.Which of the above statements are correct?a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of The year 2019 marks the 50th anniversary of bank nationalization, the biggest structural reform introduced in the financial sector during the post-Independence period. In this context, consider the following objectives of nationalization:1. To break the nexus between the banks and the big businesses that were disproportionately cornering bank finance for their narrow, selfish ends.2. To ensure the balanced flow of credit to all the productive sectors, across various regions and social groups of the country.3. To provide stability to the banking system by preventing bank failures and speculative activities.Which of the above statements are correct?a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice The year 2019 marks the 50th anniversary of bank nationalization, the biggest structural reform introduced in the financial sector during the post-Independence period. In this context, consider the following objectives of nationalization:1. To break the nexus between the banks and the big businesses that were disproportionately cornering bank finance for their narrow, selfish ends.2. To ensure the balanced flow of credit to all the productive sectors, across various regions and social groups of the country.3. To provide stability to the banking system by preventing bank failures and speculative activities.Which of the above statements are correct?a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice UPSC tests.