Arrange the following banks in the ascending order of their year of establishment : I. Bank of…
The order is Bank of Hindustan, Bank of Bengal, Bank of Bombay and Bank of Madras. Bank of Hindustan dates to 1770; Bank of Bengal originated as Bank of Calcutta in 1806 and…
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Arrange the following banks in the ascending order of their year of establishment :
I. Bank of Hindustan
II. The Bank of Madras
III. The Bank of Bombay
IV. The Bank of Bengal
Answer and explanation
Correct answer B
The order is Bank of Hindustan, Bank of Bengal, Bank of Bombay and Bank of Madras. Bank of Hindustan dates to 1770; Bank of Bengal originated as Bank of Calcutta in 1806 and took its later name in 1809. The presidency banks in Bombay and Madras were established in 1840 and 1843 respectively.
Practice for these exams
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Jammu & Kashmir and Ladakh SET (JKSET/LASET)