In the context of independent India’s economy, which one of the following was the earliest event to take place?
In the context of independent India’s economy, which one of the following was the earliest event to take place?
(a) Nationalization of Insurance companies
(b) Nationalization of State Bank of India
(c) Enactment of Banking Regulation Act
(d) Introduction of First Five-Year Plan
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(c) Nationalization of State Bank of India – 1955; Introduction of First Five-Year Plan – 1951; Enactment of Banking Regulation Act – 1949; Nationalization of Insurance Companies – 1955-56
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