2006 General Studies, all questions
UPSC Prelims 2006 · General Studies
Question 30: Economy and Social Development
Which one of the following Indian banks is not a nationalized bank?
aCorporation Bank
bDena Bank
cFederal Bank
dVijaya Bank
AnswerThe answer is (c).
Federal Bank, headquartered at Aluva in Kerala, is a private sector bank and was never nationalised. Dena Bank was nationalised in 1969, and Corporation Bank and Vijaya Bank in 1980. Note that these three have since merged: Dena and Vijaya into Bank of Baroda in 2019 and Corporation Bank into Union Bank of India in 2020.
Why each option is right or wrong
- (a) Nationalised in 1980 (later merged into Union Bank of India).
- (b) Nationalised in 1969 (later merged into Bank of Baroda).
- (c) Correct: Federal Bank is a private sector bank.
- (d) Nationalised in 1980 (later merged into Bank of Baroda).
Explanation: written by UPSC Grade, not by UPSC.
Source: UPSC, Civil Services (Preliminary) Examination 2006, General Studies. UPSC's own paper isn't online; the words are from a published compilation. The paper on upsc.gov.in.