Multiple choice Which of the following financial institution/bank was founded was Lala Lajpat Rai? State Bank of India Punjab National Bank Indian Freedom Fund Swadeshi Bank Reveal answer Fill a bubble to check yourself B Correct answer Explanation Lala Lajpat Rai was one of the founders of the Punjab National Bank, which was established in 1894. It was the first bank in India to be managed entirely by Indians.