GENERAL KNOWLEDGE

GK

BANKING AWARENESS AND SEBI

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In which year “United Bank of India” was formed?
A
1943
B
1947
C
1951
D
1955
Explanation: 

Detailed explanation-1: -In 1950, Narendra Chandra Dutta along with Jyotish Chandra Das completed the merger of Comilla Banking Corporation and Bengal Central Bank and founded the United Bank of India.

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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