The question asks for the year the State Bank of India (SBI) originated.
SBI Origin: Key Historical Year
The State Bank of India traces its origins back to the Bank of Calcutta, which was established on June 2, 1806. This bank was later renamed the Bank of Bengal in 1809. Subsequently, through various mergers and nationalization processes, the Imperial Bank of India was formed, and eventually, the Reserve Bank of India Act, 1951 led to the establishment of the Reserve Bank of India. The State Bank of India was finally established on July 1, 1955, taking over the undertaking of the Imperial Bank of India. However, the foundational roots, often referred to as the 'origin', are considered to be the establishment of the Bank of Calcutta in 1806.
Exam Focus: Correct Option Identification
- The question asks for the origin year.
- The Bank of Calcutta, the precursor to SBI, was established in 1806.
- This corresponds to Option A.
Therefore, the origin of the State Bank of India goes back to the year 1806.
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Mark the correct statement from the above using the codes given below:
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