Multiple choice general knowledge history

The Allahabad Bank, established in 1865 and still functioning today, is the oldest Joint Stock bank in India. Which was the first Joint Stock bank in India?

  1. Bank of Upper India

  2. State Bank of India

  3. Canara Bank

  4. Vijaya Bank
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A Correct answer
Explanation

While Allahabad Bank (1865) is the oldest still-functioning joint stock bank, Bank of Upper India was actually the FIRST joint stock bank established in India around 1863, predating Allahabad Bank. The question specifically asks which was first, not which is oldest still operating. Canara Bank and Vijaya Bank were founded much later (20th century).

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