Consider the following statements? A. State Bank of Hyderabad was constituted as Hyderabad State Bank on 08.08.1941 under Hyderabad State Bank Act, 1941. In 1956, the Bank was taken over by Reserve Bank of India as its first subsidiary and its name was changed from Hyderabad State Bank to State Bank of Hyderabad. The Bank became a subsidiary of State Bank of India on the 1st October 1959 and is now the largest Associate Bank of State Bank of India. B. State Bank of Bikaner and Jaipur was established in 1963 after amalgamation of erstwhile State Bank of Jaipur (established in 1943) with State Bank of Bikaner (established in 1944) as a subsidiary of SBI. C. State Bank of Mysore was established in the year 1913 as Bank of Mysore Ltd. under the patronage of the erstwhile Govt. of Mysore, at the instance of the banking committee headed by the great Engineer- Statesm-an,Late Dr.Sir M.Visvesvar-aya. Subsequently, in March 1960,the Bank became an Associate of State Bank of India. D. ‘Patiala State Bank’ was christened as the Bank of Patiala and was became a subsidiary of the State Bank of India on 1st April,1960 when it was named as the State Bank of Patiala E. State Bank of Travancore (SBT) was originally establi-shed as Travancore Bank Ltd. in 1945 sponsored by the erstwhile princely state of Travancore. Under a special statute of the Indian Parliam-ent (SBI subsidiary Banks Act 1959) it was made an Associate of the SBI. Which of the statements given above is/are correct? a) A & B only b) B & C only c) C & D only d) A, B & C only e) All are correct
Posted on: Wed, 04 Sep 2013 21:54:01 +0000
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