Question

Which of the following banks was established first?

• A. Punjab National Bank
• B. Central Bank of India
• C. Bank of India
• D. Indian Bank

Hint:

Public sector banks like Punjab National Bank have played a significant role in the economic development of India.

Answer 1

The Correct Option is A

Punjab National Bank was established in 1894, making it the first among the listed banks to be established. It was one of the pioneering public sector banks in India.