Multiple choice

Which of the following statements is/are correct in respect of Capital Local Area Bank?

  1. It is the third Local Area Bank in the country
  2. It was established in January 2000 at Nakodar (Punjab)
  3. All its branches are fully computerised

  1. 1 only

  2. 2 only

  3. 1 and 2 only

  4. 1, 2 and 3 only

  5. 2 and 3

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Capital Local Area Bank was the first local area bank in India, established in 2000 in Nakodar, Punjab. It is known for being fully computerized, making all three statements accurate.