[amp_mcq option1=”ICICI Bank Ltd” option2=”Yes Bank Ltd” option3=”IDBI Bank Ltd” option4=”UTI Bank Ltd” correct=”option3″]
The correct answer is C. IDBI Bank Ltd.
IDBI Bank Ltd. was incorporated in 1964 as a development financial institution. It was converted into a public sector bank in 2004.
A. ICICI Bank Ltd. is a private sector bank. It was founded in 1994.
B. Yes Bank Ltd. is a private sector bank. It was founded in 2004.
D. UTI Bank Ltd. was a private sector bank. It was merged with State Bank of India in 2009.