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Question

Which one of the following was one of the Presidency Banks?

A Bank of Hindustan Correct Answer Incorrect Answer
B Bank of Bombay Correct Answer Incorrect Answer
C Imperial Bank Correct Answer Incorrect Answer
D Bank of India Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

The largest bank, and the oldest still in existence, is the State Bank of India (S.B.I). It originated as the Bank of Calcutta in June 1806. In 1809, it was renamed as the Bank of Bengal. This was one of the three banks funded by a presidency government, the other two were the Bank of Bombay in 1840 and the Bank of Madras in 1843. 

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