To answer this question, we need to understand the concept of a trusted family bank. A trusted family bank refers to a bank that has gained the trust and loyalty of its customers over generations. It is a bank that has been providing reliable and trustworthy services to families for a long time.
Let's go through each option to understand why it is correct or incorrect:
Option A) Dena Bank - This option is correct because Dena Bank is a well-established bank in India that has been serving families for many years. It has gained the trust of its customers and is considered a trusted family bank.
Option B) Federal Bank - This option is incorrect because although Federal Bank is a reputable bank in India, it may not necessarily be considered a trusted family bank. The question specifically mentions a "trusted family bank," which implies a long-standing relationship with families.
Option C) HDFC - This option is incorrect because HDFC, while being a renowned bank in India, may not be known specifically as a trusted family bank. HDFC is more known for its housing finance services and retail banking.
Option D) IDBI Bank - This option is incorrect because IDBI Bank, although being a well-known bank in India, may not be considered a trusted family bank. IDBI Bank is more focused on corporate and industrial banking.
The correct answer is Option A) Dena Bank. This option is correct because Dena Bank is a well-established bank in India that has gained the trust and loyalty of families over generations.