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Q: What are the advantages of nationalisation in commerce?
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What are the advantages of traditional commerce?


What are the advantages disadvantages of nationalisation?

The advantages of nationalism are that they give the government control over the country's Natural Resources, instead of giving it to foreign companies. The disadvantage is that it stifles competition.


What is meant by nationalisation of bank?

Nationalisation of banks means taking private ownersip of banks to goverment.


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How many banks were in second phase of nationalisation?

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Nationalisation of bank when Indira Gandhi was prime minister?

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What is it called when the government takes over a private industry?

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