Multiple choice

Assets and Liabilities of which bank were acquired by State Bank of India at the time of its establishment on 1st July 1955?

  1. Bank of Bengal
  2. Bank of Bombay
  3. Bank of Madras

  1. 1

  2. 1 and 2

  3. 2 and 3

  4. 1, 2 and 3
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The Imperial Bank of India, which was acquired to form SBI, was itself the result of the amalgamation of the Bank of Bengal, Bank of Bombay, and Bank of Madras in 1921.

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