Consider the following pairs: (Name of the banks) (Locations of head office) Allahabad Bank – KolkataSmall Industrial Development Bank of India – MumbaiThe Overseas Bank – ChennaiWhich one of the above pair is not correctly matched?

1 only
2 only
3 only
1 and 3 only

The correct answer is (b).

The Small Industrial Development Bank of India (SIDBI) is a wholly owned subsidiary of the Ministry of Finance, Government of India. It was established in 1990 to promote the development of small-scale industries in India. SIDBI’s head office is located in Lucknow, Uttar Pradesh.

The Overseas Bank is a private sector bank in India. It was founded in 1939 and is headquartered in Chennai, Tamil Nadu. The Overseas Bank has a network of over 1,000 branches and ATMs across India.

The Allahabad Bank is a public sector bank in India. It was founded in 1865 and is headquartered in Kolkata, West Bengal. The Allahabad Bank has a network of over 3,000 branches and ATMs across India.

The correct answer is (b) because the Small Industrial Development Bank of India’s head office is located in Lucknow, Uttar Pradesh, not Mumbai.