The nationalized New Bank of India was later merged with ________.

central bank of India

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bank of Baroda

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Punjab national bank

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canara bank

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Solution

The correct option is C Punjab national bank
The Government of India nationalized New Bank of India in 1980. Punjab National Bank acquired New Bank of India in 1993.

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

Question 106

In a distrinct, the number of branches of different banks is given below :
$\begin{matrix} B a n k & S t a t e B a n k o f I n d i a & B a n k o f B a r o d a & P u n j a b N a t i o n a l B a n k & C a n a r a B a n k N u m b e r o f b r a n c h e s & 30 & 17 & 15 & 10 \end{matrix}$
Draw a pie chart for this data.

Q. Which Bank was merged with Punjab National Bank in 1993 ?

Q. Which among the following banks merged with the New Bank of India in 1993?

Q. In

1955

, Imperial Bank of India, a leading commercial bank of that time, was nationalized and renamed as _____________.

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The nationalized New Bank of India was later merged with ________.

The correct option is C Punjab national bankThe Government of India nationalized New Bank of India in 1980. Punjab National Bank acquired New Bank of India in 1993.

The correct option is C Punjab national bank
The Government of India nationalized New Bank of India in 1980. Punjab National Bank acquired New Bank of India in 1993.