Multiple choice general knowledge

In 1906, Ammembal Subba Rao Pai founded this organisation as the_______ Bank Hindu Permanent Fund in Mangalore India.

  1. Canara

  2. Federal

  3. DhanaLaxmi

  4. Oriental
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A Correct answer
Explanation

Canara Bank was founded in 1906 by Ammembal Subba Rao Pai as 'Canara Bank Hindu Permanent Fund' in Mangalore. It later became Canara Bank, now one of India's major public sector banks. Federal Bank was founded in 1931 in Kerala, while Oriental Bank of Commerce was founded in 1943 in Lahore (as noted in another question).

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