GK
BANKING AWARENESS AND SEBI
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which among the following public sector banks, has its headquarters in Kolkata?
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UCO Bank
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Syndicate Bank
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Corporation Bank
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Oriental Bank of Commerce
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Explanation:
Detailed explanation-1: -UCO Bank, formerly United Commercial Bank, is an Indian public sector bank, established in 1943 in Kolkata. During FY 2020–21, its total business was ₹ 3.24 lakh crore. Based on 2020 data, it is ranked 80 on the Fortune India 500 list.
Detailed explanation-2: -Founded in 1943, UCO Bank is a commercial bank and a Government of India Undertaking. Its Board of Directors consists of government representatives from the Government of India and Reserve Bank of India as well as eminent professionals like accountants, management experts, economists, businessmen, etc.
Detailed explanation-3: -Commercial bank is the bank of the public.
There is 1 question to complete.