All Exams Test series for 1 year @ ₹349 only
Question

Which bank was formed after the merger of The Bank of Madras, Bank of Calcutta and Bank of Bombay?

This question was previously asked in
RRB NTPC 2019 CBT 1 Question Paper (8-Mar-2021) (Shift 2)
The correct answer is
Imperial Bank of India

Bank Merger Forms Imperial Bank of India

The question asks to identify the bank formed from the merger of three specific presidency banks: The Bank of Madras, Bank of Bombay, and Bank of Calcutta.

Identifying the Merged Bank

  • The Bank of Madras
  • Bank of Calcutta
  • Bank of Bombay

These three presidency banks were merged to form a single banking entity.

Resulting Bank Formation

The merger of The Bank of Madras, Bank of Bombay, and Bank of Calcutta resulted in the formation of the Imperial Bank of India in 1921.

Therefore, the correct option is the Imperial Bank of India.

Was this answer helpful?

Similar Questions

  1. The Indian Parliament had passed the State Banks (Repeal and Amendment) Bill, 2017 to merge _____ subsidiary banks with the State Bank of India.
  2. Which of the following bank launched ‘YONO Cash Point’, a cardless ATM service?
  3. How many banks were nationalised by the Union Government of India in the year 1980?
  4. What was the theme of The Financial Literacy Week 2019?
  5. Which bank recently (in April 2019) became the $3^{\text{rd}}$ largest bank of India after the merger with two other banks?
  6. Dena Bank and Vijaya Bank have recently merged with:
  7. Vijaya Bank and Dena Bank are merged with which of the following banks?
  8. In which of the following years were Regional Rural Banks established?
  9. An asset that the borrower owns and uses this as a guarantee to a lender until the loan is repaid is called:
  10. ________ refer to central bank purchases or sales of government securities in order to expand or contract money in the banking system and influence interest rates.

Important Questions from Banking Affairs

  1. As per the provisions of Union Budget 2021-22, how many public sector banks have been lined up for disinvestment?

  2. What is the repo rate given by the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) as on 7 April 2021?

  3. On 25 September 2020,_________ announced that they will launch a contactless debit card-based payment facility through phones called 'Safe Pay', allowing transactions up to ₹20,000 per day.

  4. In November 2020, India and _________ jointly launched Phase 2 of the Rupay card.

  5. In November 2020, the Union Cabinet of India approved the merger of capital-starved Lakshmi Vilas Bank (LVB) with _______________.

Need Expert Advice?
Upcoming Exams
RRB ALP
July 28, 2026
RRB Group D
August 03, 2026
Test Series
RRB NTPC img
Railways
RRB NTPC Under Graduate 2026 New Mock Test Series
1459 Tests 2 Tests Free
215 Attempts
4.3(512)
English, Hindi, Telugu +7 More

Start Your Preparation with Prepp Mobile App

Download the app from Google Play & App Store
Download the app from Google Play & App Store
Prepp Mobile App