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Question

Which of the following banks features in the Fortune Global 500 list 2021?

The correct answer is

State Bank of India

Understanding the Fortune Global 500 List and Indian Banks

The question asks which of the given Indian banks was included in the prestigious Fortune Global 500 list for the year 2021. The Fortune Global 500 is an annual ranking of the world's 500 largest companies by total revenue for their respective fiscal years ended on or before March 31, 2021, in the case of the 2021 list.

Analyzing the Options for Fortune Global 500 2021

We need to determine which of the listed banks featured in the 2021 edition of the Fortune Global 500 list. Let's look at the options provided:

  • State Bank of India
  • Bank of Baroda
  • ICICI Bank
  • HDFC Bank

Membership in the Fortune Global 500 list indicates a company's significant scale in terms of revenue globally. For 2021, the list was based on revenues for the fiscal year that ended by March 31, 2021.

Identifying the Bank on the 2021 List

Based on the official Fortune Global 500 list for 2021, the State Bank of India (SBI) was indeed ranked among the world's largest corporations by revenue. Other major Indian banks like Bank of Baroda, ICICI Bank, and HDFC Bank, while significant in India, did not meet the revenue threshold to be included in the Fortune Global 500 list for that specific year (2021).

Therefore, among the given options, only the State Bank of India featured in the Fortune Global 500 list published in 2021.

Summary of Banks and Fortune Global 500 2021 Presence

Bank Featured in Fortune Global 500 (2021)
State Bank of India Yes
Bank of Baroda No
ICICI Bank No
HDFC Bank No

This table clearly shows that State Bank of India was the only bank from the provided options that was part of the Fortune Global 500 list in 2021.

Conclusion on Fortune Global 500 Listing

To feature in the Fortune Global 500 list, companies must meet specific revenue criteria. In 2021, State Bank of India was one of the Indian entities to be included in this prestigious global ranking, highlighting its scale and financial performance on an international level.

Revision Table: Key Concepts

Concept Explanation
Fortune Global 500 Annual list ranking the world's 500 largest companies by revenue.
State Bank of India (SBI) A major public sector bank in India.
Revenue Criterion Basis for ranking companies in the Fortune Global 500 list.

Additional Information: Understanding Global Rankings and Banks

Global rankings like the Fortune Global 500 list provide insights into the relative size and performance of companies worldwide. For banks, being on such a list reflects significant assets, revenue from interest and fees, and overall market presence.

  • The Fortune Global 500 list includes companies from various sectors, not just banking.
  • The rankings can change year to year based on company performance and global economic factors.
  • State Bank of India often features in such global rankings due to its large scale and extensive network.

Understanding these global lists helps in assessing the standing of national companies on the international stage.

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