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Today General Knowledge(GK)
Which of the following is the oldest Joint Stock Bank of India?
A)
Bank of Baroda
B)
Bank of India
C)
Allahabad Bank
D)
Patiala Bank

Correct Answer : Option (C) - Allahabad Bank



A bank that has multiple shareholders is called joint-stock bank. Oldest Joint Stock bank of India was Bank of Upper India that was established in 1863. But this bank failed in 1913. India’s Oldest Joint Stock Bank which is still working is Allahabad Bank. It is also known as India’s oldest public sector bank. It was established in 1865.

Published On : June 27, 2021
Category : Banking
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