BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Central Bank of India
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State Bank of India
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Punjab National Bank
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Bank of Baroda
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Detailed explanation-1: -Established in 1911, Central Bank of India was the first Indian commercial bank which was wholly owned and managed by Indians. The establishment of the Bank was the ultimate realization of the dream of Sir Sorabji Pochkhanawala, founder of the Bank.
Detailed explanation-2: -Allahabad Bank is the oldest Public Sector Bank of India. It was established in 1865. Q. Which of the following is the oldest public sector bank?
Detailed explanation-3: -State Bank of India (SBI) at the 55th position is the only bank in the global top 100 list. China has 18 banks while the US has 12 on the list.
Detailed explanation-4: -The correct answer is Union Bank of India. Union Bank of India has become the first public sector bank to go live on the Account Aggregator (AA) ecosystem.
Detailed explanation-5: -The Reserve Bank of India (RBI) is the central bank of India.