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    Question

    The State Bank of India was founded in __________.

    A 1960 Correct Answer Incorrect Answer
    B 1955 Correct Answer Incorrect Answer
    C 1951 Correct Answer Incorrect Answer
    D 1949 Correct Answer Incorrect Answer
    E 1957 Correct Answer Incorrect Answer

    Solution

    This was one of the three banks funded by aย presidency government, the other two were theย Bank of Bombayย in 1840 and theย Bank of Madrasย in 1843. The three banks were merged in 1921 to form the Imperialย Bank of India, which upon India's independence, becameย the State Bank of Indiaย in 1955.

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