Banking reforms in India: In the second round of nationalization of commercial banks, how many banks were nationalized? Provide the exact count of banks nationalized in the second phase (1980). Choose the correct number.

Given data

• We need the number of banks nationalized in the second phase of bank nationalization (1980).

Concept / ApproachIndia nationalized major banks in two waves: the first in 1969 (14 banks) and the second in 1980, when additional banks were nationalized.

Step-by-step reasoningSecond phase (1980) → 6 banks were nationalized.

Common pitfalls

• Mixing up the 1969 and 1980 numbers (14 vs. 6).
• Assuming total cumulative number rather than the second-phase increment.

Final AnswerThe correct count is 6 banks.