Who was the Finance Minister of India when Indira Gandhi implemented the nationalization of 14 major banks in 1969?
Quiz Options
- Morarji Desai
- Yashwantrao Chavan
- C. Subramaniam
- H. R. Gokhale
Explanation
Morarji Desai was the Finance Minister when the Banking Companies (Acquisition and Transfer) Ordinance was promulgated in 1969, nationalizing 14 banks.