4 Flashcards

1
Q

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

A

Calcutta

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2
Q

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

A

State Bank of India

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