💥Join UPSC 2027,2028 Mentorship (June Batch) + Access XFactor Notes & Microthemes PDF
Talk to Mentor

Civilsdaily

Login

In India, the first bank of limited liability managed by Indians and founded in 1881 was

In India, the first bank of limited liability managed by Indians and founded in 1881 was:

(a)

Hindustan Commercial Bank

(b)

Oudh Commercial Bank

(c)

Punjab National Bank

(d)

Punjab and Sind Bank

Answer:

(b)

Moderate

Explanation

The Oudh Commercial Bank was founded in 1881. Hence, (b) is correct.