The 'Imperial Bank of India' was created in 1921 by merging which three banks?
A. Central Bank, Bank of India, Union Bank
B. Bank of Bengal, Bank of Bombay, Bank of Madras
C. Bank of Calcutta, Bank of Madras, Bank of Punjab
D. Allahabad Bank, Bank of Bombay, Bank of Bengal
Answer: Option B
Solution (By JKSSB Mock Tests)
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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