[amp_mcq option1=”State Bank of India” option2=”Punjab National Bank” option3=”Syndicate Bank” option4=”Vijaya Bank” correct=”option1″]
The correct answer is: A. State Bank of India
The State Bank of India (SBI) is the largest state-owned banking and financial services company in India. It is the largest commercial bank in India by assets, deposits, branches, and employees. The bank was founded in 1806 as the Bank of Calcutta, which was later renamed the Bank of Bengal. In 1955, the Bank of Bengal was merged with the Imperial Bank of India and the State Bank of Travancore to form the State Bank of India.
The SBI has a network of over 24,000 branches and 59,000 ATMs in India and over 200 branches in 36 countries. The bank offers a wide range of products and services, including retail banking, corporate banking, investment banking, and treasury services.
The SBI is a major player in the Indian economy and plays a key role in the country’s financial system. The bank is also a major employer in India, with over 270,000 employees.
The other options are incorrect because:
- Option B, Punjab National Bank, was founded in 1894.
- Option C, Syndicate Bank, was founded in 1925.
- Option D, Vijaya Bank, was founded in 1931.