GK
BANKING AWARENESS AND SEBI
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Oudh Commercial Bank
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State Bank of India
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Punjab National Bank
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Imperial Bank of India
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Detailed explanation-1: -Oudh Commercial Bank or Awadh Commercial Bank was an Indian bank established in 1881 in Faizabad and operated until 1958 when it failed. It was the first commercial bank in India having limited liability and an entirely Indian board of directors.
Detailed explanation-2: -Detailed Solution Oudh Commercial Bank was established in 1881 in Faizabad. It was the first commercial bank of limited liability. This bank was entirely managed by Indian Board of Directors.
Detailed explanation-3: -The first entirely Indian joint stock bank was the Oudh Commercial Bank, established in 1881 in Faizabad.
Detailed explanation-4: -The first bank purely managed bu Indian was Punjab National Bank, established in Lahore in 1895.