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Question

Arrange the following banks in an increasing order of their year of formation-
A. State Bank of India
B. Imperial Bank of India
C. Reserve Bank of India
D. Regional Rural Banks
E. Small Finance Bank
Choose the correct answer from the options given below:

The correct answer is
B, C, A, D, E

Ordering Indian Banks by Formation Year

The question requires arranging several banks and bank categories based on their establishment year, from earliest to latest.

Establishment Dates of Banks and Institutions

First, identify the year each entity was formed:

Entity Abbreviation Year of Formation
Imperial Bank of India B 1921
Reserve Bank of India C 1935
State Bank of India A 1955
Regional Rural Banks D 1975
Small Finance Bank E 2015

Determining the Increasing Order

Arranging these entities by their formation year in ascending order:

  • 1921: Imperial Bank of India (B)
  • 1935: Reserve Bank of India (C)
  • 1955: State Bank of India (A)
  • 1975: Regional Rural Banks (D)
  • 2015: Small Finance Bank (E)

The correct sequence is B, C, A, D, E.

This matches Option 3.

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Important Questions from Banking History or Facts

  1. When was the Bank of Madras established as the third Presidency Bank in India?
  2. Which of the following is the apex banking institution of India that regulates the monetary policy?

  3. Which among the following is the first life insurance company on the Indian soil?

  4. Which among the following sponsors Regional Rural Banks (RRB'S)?

  5. In which year State Bank of India was nationalized?

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