The 'Imperial Bank of India' was created in 1921 by merging which three banks?
A. Central Bank, Bank of India, Union Bank
B. Allahabad Bank, Bank of Bombay, Bank of Bengal
C. Bank of Calcutta, Bank of Madras, Bank of Punjab
D. Bank of Bengal, Bank of Bombay, Bank of Madras
Answer: Option D
Solution (By JKExamLibrary)
The three presidency banks – Bank of Bengal (1806), Bank of Bombay (1840), and Bank of Madras (1843) – were merged to form the Imperial Bank of India in 1921.
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