Multiple choice general knowledge

The old name of oldest commercial bank in the Indian was__________

  1. Bharathiya State Bank

  2. State Bank of Mysore

  3. The Imperial Bank

  4. The Imperial Bank of India

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

The Imperial Bank of India was established in 1921 and served as India's oldest commercial bank until 1955. When the State Bank of India was formed through nationalization, the Imperial Bank became its core. The Imperial Bank itself had been formed by merging the three presidency banks - Bank of Bengal, Bank of Bombay, and Bank of Madras.