[amp_mcq option1=”State Bank of India” option2=”Bank of Baroda” option3=”Punjab National Bank” option4=”Central Bank of India” correct=”option1″]<\/p>\n
The correct answer is: State Bank of India.<\/p>\n
State Bank of India (SBI) is the largest state-owned bank in India. It is also the largest bank in India by assets, deposits, loans, and number of branches. SBI has a network of over 22,000 branches and over 60,000 ATMs in India. It also has a presence in over 30 countries around the world.<\/p>\n
In 2018, SBI signed a Memorandum of Understanding (MoU) with MoneyGram International, a global money transfer company. The MoU will enable SBI to offer MoneyGram’s money transfer services to its customers in India. This will allow SBI’s customers to send and receive money quickly and easily to and from over 200 countries and territories around the world.<\/p>\n
The other options are incorrect because they are not state-owned banks. Bank of Baroda, Punjab National Bank, and Central Bank of India are all private sector banks.<\/p>\n","protected":false},"excerpt":{"rendered":"
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