GK
BANKING AWARENESS AND SEBI
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Punjab National Bank was established in ____
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1890
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1894
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1917
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1922
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Explanation:
Detailed explanation-1: -Punjab National Bank (PNB), India’s first Swadeshi Bank, commenced its operations on April 12, 1895 from Lahore, with an authorized capital of Rs. 2 Lakh and working capital of Rs. 20, 000. The Bank was established by the spirit of nationalism and was the first bank purely managed by Indians with Indian Capital.
Detailed explanation-2: -Punjab National Bank is an Indian Public sector bank which was first fully Indian Bank, established on 19th May 1894 by Lala Lajpat Rai. Punjab National Bank is presently headquartered in New Delhi.
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