Multiple choice

Which among the following subsidiaries of the State Bank of India, which were nationalized in 1960, has now been merged with SBI?

  1. State Bank of Bikaner and Jaipur

  2. State Bank of Hyderabad

  3. State Bank of Patiala

  4. State Bank of Saurashtra

  5. State Bank of Travancore
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

State Bank of Saurashtra was the first subsidiary of SBI to be merged, with the merger completed in 2008. The other subsidiaries listed (Bikaner and Jaipur, Hyderabad, Patiala, Travancore) were merged later in 2017. The question asks which subsidiary nationalized in 1960 has now been merged with SBI - Saurashtra fits this criterion as it was one of the original eight subsidiaries nationalized in 1960 and was the first to be merged back into the parent bank.

Keep practicing — related questions