Which of the following banks is a nationalised bank?

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RRB JE Previous Paper 13 (Held On: 26 May 2019 Shift 2)
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  1. All of the options
  2. Dena Bank
  3. Bank of Baroda
  4. Allahabad Bank

Answer (Detailed Solution Below)

Option 1 : All of the options
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Detailed Solution

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  • Allahabad Bank, Bank of Baroda and Dena Bank are all Nationalised banks.
  • The Nationalization of banks was started in the year 1955.
  • The nationalization of banks in India was done by the then Prime Minister Indira Gandhi.
  • SBI was nationalized in 1955.
  • Before 1955, the State Bank of India was known as the Imperial Bank of India.
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