⚡ Rakhi Special - Flat 52% off on All Courses from 6 to 10 Aug! ⚡ Enroll Now

    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.

    Practice Next
    More Financial Management Questions
    ask-question