Question : Which of the following banks was established as the Bank of Calcutta in the year 1806?
Option 1: Axis Bank
Option 2: Union Bank of India
Option 3: State Bank of India
Option 4: Industrial Development Bank of India
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Correct Answer: State Bank of India
Solution : The correct option is the State Bank of India.
The Bank of Calcutta, later renamed the Bank of Bengal, was established in 1806. It was one of the three presidential banks that were set up during British rule in India. The other two presidency banks were the Bank of Bombay (established in 1840) and the Bank of Madras (established in 1843). In 1921, these three presidential banks were merged to form the Imperial Bank of India, and later, in 1955, the Imperial Bank of India was nationalized and became the State Bank of India (SBI).
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Question : As per the merger of public sector banks, effective from 1 April 2020, which of the following banks was merged with the Union Bank of India?
Option 1: Syndicate Bank
Option 2: Allahabad Bank
Option 3: Corporation Bank
Option 4: United Bank of India
Question : With effect from the 1st of April 2020, The United Bank of India has been merged with which among the following Banks?
Option 1: Bank of Baroda
Option 2: Punjab National Bank
Option 4: Canara Bank
Question : With effect from 1 April 2019, which of the following banks stands merged with the Bank of Baroda?
Option 1: Oriental Bank of Commerce
Option 2: United Bank of India
Option 3: Bank of Maharashtra
Option 4: Dena Bank
Question : On which of the following banks did the Reserve Bank of India impose a moratorium in March 2020?
Option 1: IDFC First Bank
Option 2: Dhanlakshmi Bank
Option 3: Bandhan Bank
Option 4: Yes Bank
Question : In which year was the RBI of India established under the Reserve Bank Act?
Option 1: 1960
Option 2: 1947
Option 3: 1935
Option 4: 1957
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