Multiple choice

Two public sector banks of India have set up 'Commercial Bank of India', a joint venture in Moscow. Which are partner banks with 60 : 40 ratio in this joint venture?

  1. State Bank of India
  2. Punjab National Bank
  3. Canara Bank
  4. Bank of Baroda

  1. 1 and 2

  2. 1 and 3

  3. 1 and 4

  4. 3 and 4
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The Commercial Bank of India in Moscow is a joint venture between the State Bank of India (60 percent) and Canara Bank (40 percent).

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