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      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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