2 Flashcards

1
Q

The origin of modern banking started from 1770 in the name of “__” by English agency ‘House of Alexander & Co’ in Kolkatta however it was closed in1832.

A

Bank of Hindustan

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

The origin of the State Bank of India can be traced back to __.

A

Bank of Calcutta (2nd June 1806)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

The first Presidency Bank was the Bank of Calcutta, established by __ on 2nd June, 1806.

A

East India Company

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

The second presidency bank was the Bank of Bombay which was incorporated on __.

A

15th April 1840

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

The third presidency bank was Bank of Madras which was incorporated on __.

A

1st July 1843

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

The three presidency banks were re-organized and amalgamated to form a
single entity named “__” on 27th January ,1921. It was later transformed into “State Bank Of India” in1955 July 1st.

A

Imperial Bank of India

How well did you know this?
1
Not at all
2
3
4
5
Perfectly