New Bank of India was merged with Punjab National Bank in ______.

1980

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1993

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1985

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1990

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Solution

The correct option is D 1993
The Government of India Nationlized New Bank of India in 1980.Punjab National Bank acquired new Bank of India in 1993.
Source-"PNB Heritage"
(1) Retrival 2014-09-03.
(2) Parmatam Prakash Arya , B.B.Tondon (2003), Economic reforms in India : from first to second Generation and beyond .pp.369.

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