Match the following : I-Name of the Mergin Entity II-Name of the Merged entity List-IList-II (a) 20th…
In Indian banking mergers: 20th Century Finance Company merged with Centurion Bank ((a)-(ii)), Bareilly Corporation Bank merged with Bank of Baroda ((b)-(iv)), Sikkim Bank…
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Match the following : I-Name of the Mergin Entity II-Name of the Merged entity
| List-I | List-II |
|---|---|
| (a) 20th Century Finance Company | (i) ICICI Bank |
| (b) Bareilly Corporation Bank | (ii) Centurian Bank |
| (c) Sikkim Bank | (iii) HDFC Bank |
| (d) Times Bank | (iv) Bank of Baroda |
| (e) Bank of Madura | (v) Union Bank of India |
Answer and explanation
Correct answer A
In Indian banking mergers: 20th Century Finance Company merged with Centurion Bank ((a)-(ii)), Bareilly Corporation Bank merged with Bank of Baroda ((b)-(iv)), Sikkim Bank merged with Union Bank of India ((c)-(v)), Times Bank merged with HDFC Bank ((d)-(iii)), and Bank of Madura merged with ICICI Bank ((e)-(i)). Thus, '(a)-(ii), (b)-(iv), (c)-(v), (d)-(iii), (e)-(i)' is correct.
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UGC NET Commerce