July 19, 2022, was the 53rd anniversary of Prime Minister Indira Gandhi nationalising 14 banks. The Congress government had nationalised 14 banks in 1969 and then followed it up with nationalising another 6 in 1980. Nationalisation essentially meant that the government took over the ownership of certain private banks. The government’s aim was to take away the control from a few private players and expand the banking coverage to rural India so that sectors such as agriculture and small industries could get better credit facilities, thus creating a new class of entrepreneurs.

In this program, we discuss in detail all the burning topics related to civil services examinations and the possible questions to be asked from them.


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