BANKING GENERAL KNOWLEDGE
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Question
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The following was not the Presidency Bank
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Bank of Travancore
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Bank of Bombay
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Bank of Madras
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Bank of Mysore
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Explanation:
Detailed explanation-1: -The Presidency Banks were the Bank of Bengal, established on 2 June 1806, the Bank of Bombay (incorporated on 15 April 1840), and the Bank of Madras (incorporated on 1 July 1843).
Detailed explanation-2: -During the first phase of the evolution of the banking system in India, the British East India Company established many banks in India like the Presidency Banks, namely the Bank of Bengal, Bank of Bombay, and Bank of Madras.
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