MC31 Which of the following is the first Indian bank to be fully owned by Indians?
A. Allahabad Bank
B. Bank of India
C. Punjab National Bank
D. Union Bank of India
Answer:C
MC31 Which of the following is the first Indian bank to be fully owned by Indians?
A. Allahabad Bank B. Bank of India C. Punjab National Bank D. Union Bank of India
Explanation: Punjab National Bank (PNB) is the first Indian bank to be fully owned by Indians. It was founded in 1894 by Lala Lajpat Rai, Lala Harkishan Lal, and Dyal Singh Majithia.