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Discussion

When did the banking crisis of 1913-1917 end?
 

  • A.1917
  • B.1949
  • C.1955
  • D.1959

Answer: B

The banking crisis of 1913-1917 and the failure of 588 banks in various states during the decade ended in 1949. It underlined the need for the regulation and coordination of commercial banks.

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