Banking General Awareness Indian Banking Industry Question Bank Indian Banking Industry

  • question_answer
    Which of the following is (rue regarding Presidency Banks in India?                              
    (1) Bank of Bengal, Bank of Bombay, Bank of Madras
    (2) These banks are also called quasi banks
    (3) Imperial Bank of India was setup by merging presidency Banks                         
    (4) These Banks are the-first in India
    (5) These banks were nationalized on 1st January, 1949

    A) A and B are true

    B) A, B, C are correct

    C) A, B, C, E are correct

    D) All options are correct

    E) No option is correct

    Correct Answer: B


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