Question

    Which of the following bank was the first bank which was fully managed by Indian?

    A State Bank of India Correct Answer Incorrect Answer
    B Bank of India Correct Answer Incorrect Answer
    C Central Bank of India Correct Answer Incorrect Answer
    D Punjab National Bank Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    It started the services in Lahore on 12 April 1895. It was the first bank that, during the British era, was entirely controlled by the Indian people with Indian wealth. Its head office is located in New Delhi, India.

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