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This question belongs to Commerce Insurance

Insurance

?

Which was the first Indian bank started solely with Indian Capital?

A) Punjab National Bank B) Andhra Bank C) Indian Overseas Bank D) Syndicate Bank

Answer & Solution

Correct Answer: Option A

Punjab National Bank was the first Indian bank started solely with Indian Capital. PNB has the distinction of being the first Indian bank to have been started solely with Indian capital that has survived to the present.

Question posted by Examveda

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