2016
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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ICICI Bank
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SBI Bank
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Punjab National Bank
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Indian Bank
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Detailed explanation-1: -The correct answer is the Reserve Bank of India. Reserve Bank of India is the apex banking institution of India that regulates the financial sector.
Detailed explanation-2: -The origin of the State Bank of India goes back to the first decade of the nineteenth century with the establishment of the Bank of Calcutta in Calcutta on 2 June 1806. Three years later the bank received its charter and was re-designed as the Bank of Bengal (2 January 1809).
Detailed explanation-3: -John Mathai was the first chairman of SBI. State Bank of India is the country’s largest public sector bank in India.
Detailed explanation-4: -With a legacy of over 200 years, State Bank of India (SBI) traces its ancestry to the Bank of Calcutta founded in 1806 and is the oldest commercial bank in the Indian subcontinent.