GK
BANKING AWARENESS AND SEBI
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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In which year “UCO Bank” was formed?
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1941
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1942
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1943
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1944
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Explanation:
Detailed explanation-1: -G.D Birla, the doyen of Indian Industrial renaissance, after the historic “Quit India” movement in 1942. Soon this nascent idea came into reality and, on the 6th of January 1943, The United Commercial Bank Ltd. was born with its Registered and Head Office at Kolkata.
Detailed explanation-2: -Central Bank of India: The Central Bank of India was established on 21 December 1911 by Sir Sorabji Pochkhanawala with Sir Pherozeshah Mehta as Chairman and claims to have been the first commercial Indian bank completely owned and managed by Indians. Headquarters-Mumbai.
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