GK
BANKING AWARENESS AND SEBI
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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1922
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1926
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1933
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1938
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Detailed explanation-1: -J&K Bank was incorporated on October 1, 1938, by then ruler of princely state of Jammu and Kashmir Maharaja Hari Singh with initial paid up capital of ₹ 5.00 Lakh.
Detailed explanation-2: -Jammu and Kashmir Bank Limited was incorporated on 1st October, 1938 and commenced its business from 4th July, 1939 at in Kashimir (India). The Bank was the first in the country as a State owned bank. According to the extended Central laws of the state, Jammu & Kashmir Bank was defined as a govt.
Detailed explanation-3: -The three coloured squares represent the regions of Jammu, Kashmir and Ladakh. The counter-form created by the interaction of the squares is a falcon with outstretched wings-a symbol of power and empowerment. The synergy between the three regions propels the bank towards new horizons.