Multiple choice

When was imperial Bank changed as State Bank of India?

  1. 1st Jul 1955

  2. 10th July 1968

  3. 9th July 1969

  4. None
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The Imperial Bank of India was reconstituted as the State Bank of India on July 1, 1955, through the SBI Act, 1955. Option A is correct with the date '1st Jul 1955'. This transformation made SBI the largest commercial bank in India. The other dates (1968 and 1969) are associated with bank nationalization, not SBI's establishment.

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