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    Question

    The reorganisation and amalgamation of the three

    Presidency Banks in 1921 resulted in a single banking entity. What was the newly formed bank called?
    A Central Bank of India Correct Answer Incorrect Answer
    B Bank of Hindustan Correct Answer Incorrect Answer
    C imperial Bank of India Correct Answer Incorrect Answer
    D Reserve Bank of India Correct Answer Incorrect Answer

    Solution

    Imperial Bank of India bank was created in 1921 by merging the three Presidency Banks: Bank of Bengal, Bank of Bombay, and Bank of Madras.

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