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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

Explanation

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