BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is NOT a Nation-alised Bank?
A
Union Bank of lndia
B
Central Bank of India
C
Yes Bank
D
Syndicate Bank
Explanation: 

Detailed explanation-1: -Detailed Solution. The correct answer is the State Bank of India.

Detailed explanation-2: -Yes Bank Ltd. Yes Bank, incorporated in 2004 by Rana Kapoor and Late Ashok Kapur, is a new age private sector bank.

Detailed explanation-3: -In 1969, Allahabad Bank, Canara Bank, United Bank of India, UCO Bank, Syndicate Bank, Indian Overseas Bank, Bank of Baroda, Punjab National Bank, Bank of India, Bank of Maharashtra, Central Bank of India, Indian Bank, Dena Bank, Union Bank and were nationalised.

Detailed explanation-4: -State Bank of India (SBI), state-owned commercial bank and financial services company, nationalized by the Indian government in 1955.

There is 1 question to complete.