Question

The first wholly Indian Bank was set up in
A.1794
B.1894
C.1896
D.1902

Answer 1

The first wholly Indian Bank was set up in 1894

Answer 2

ANSWER:

The first wholly Indian Bank was set up in 1894.

EXPLANATION:

   The largest and oldest bank which is still found is "state bank of India". It was found and began working as "Bank of Calcutta". In 1809 it was renamed as "Bank of Bengal". Later the bank of Madras was found in 1843.

  The "imperial bank of India" was found in 1921. "Reserve bank of India" was "established in 1935" under the act of the "Reserve Bank of India".