SSC Economics Sample Paper NCERT Sample Paper-1

  • question_answer
    Which among the following was the first bank purely managed by Indians?

    A)  Oudh Commercial Bank

    B)  Punjab National Bank

    C)  Bank of India

    D)  Allahabad Hide

    Correct Answer: B

    Solution :

    [b] Punjab National Bank The first Bank with Limited Liability to be managed by Indian Board was Oudh Commercial Bank. It was established in 1881 at Faizabad. This bank failed in 1958. The first bank purely managed by Indians was Punjab National Bank, established in Lahore in 1895.

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