GENERAL KNOWLEDGE

GK

BANKING AWARENESS AND SEBI

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In which year “Tamilnad Mercantile Bank Limited” was formed?
A
11th May 1920
B
11th May 1921
C
11th May 1922
D
11th May 1923
Explanation: 

Detailed explanation-1: -The thought of establishing a bank under the guidance of the able Nadar business community was mooted out in the Anniversary of Nadar Mahajana Sangam held at Tuticorin in 1920. The proposal was effected soon. The bank was registered on May 11, 1921 as “The Nadar Bank Ltd”.

Detailed explanation-2: -Present Branch Sharing Arrangements (with 531 branches in HDFC Bank) Learn more about the extensive network of HDFC Branches where we have a tie up with them. TMB Bank now has a tie up with HDFC where in 531 of its branches support two way transactions with our bank.

Detailed explanation-3: -Tamilnad Mercantile Bank Limited (TMB) is a bank headquartered at Thoothukudi, Tamil Nadu, India. TMB was founded in 1921 as the Nadar Bank, but changed its name to Tamilnad Mercantile Bank in November 1962 to widen its appeal beyond the Nadar community.

Detailed explanation-4: -In 1974, Holland et al [8] reported on the synthesis of 3, 3’, 5, 5 ‘-tetramethylbenzidine (TMB) and suggested its possible use in the detection of blood.

There is 1 question to complete.