Question

    Which of the following banks was established as a private sector bank in India?

    1)    Axis Bank

    2)    IDBI Bank

    3)    Oriental Bank of Commerce

    4)    Vijaya Bank

    A 1 and 4 only Correct Answer Incorrect Answer
    B 1, 2, and 4 only Correct Answer Incorrect Answer
    C 2 and 3 only Correct Answer Incorrect Answer
    D 1, 2, 3, and 4 Correct Answer Incorrect Answer
    E 1, 3 and 4 only Correct Answer Incorrect Answer

    Solution

    Axis Bank and Vijaya Bank were established as private sector banks in India. IDBI Bank was established as a development finance institution and later became a public sector bank. Oriental Bank of Commerce was established as a regional rural bank and was later nationalized.

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