Q. The first bank introduced cheque facility in India?

A
SBI
B
Presidency Bank
C
Bengal Bank
D
Punjab National Bank
Solution:
  • The first commercial bank in India : Bank of Calcutta,1806 (changed to SBI later)
  • The first bank introduced savings bank facility : Presidency Bank
  • The first bank purely managed by Indians : Punjab National Bank
  • The oldest private bank in India : IndusInd Bank
Entri PDF Icon

Get Question Bank

Strengthen Your Practice with our comprehensive question bank.

Entri Contact Image

Get Expert Advice for Free: Register for Your Free Consultation Now!