Multiple choice general knowledge

Which was the First Bank in India ?

  1. Bank of India

  2. Bank of Madras

  3. Bank of Hindustan

  4. Bank of Puna
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The Bank of Hindustan was established in 1770 in Calcutta and is considered the first modern bank in India. It operated from 1770 to 1832, serving the banking needs of the British East India Company and local traders. The Bank of Bengal (1809) was one of the three presidency banks that later merged to form Imperial Bank, but Bank of Hindustan predates it by nearly four decades.

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