Multiple choice

Which Indian bank was known as Imperial Bank of India before 1955?

  1. Union Bank of India

  2. UTI

  3. State Bank of India

  4. Allahabad Bank
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The Imperial Bank of India was renamed State Bank of India in 1955 after nationalization. It became India's central bank until RBI took over, and later became a commercial bank. Union Bank, UTI, and Allahabad Bank are separate institutions.

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