Unit Banking system was originated in __________.

USA

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

England

No worries! We‘ve got your back. Try BYJU‘S free classes today!

India

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Pakistan

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is B USA
Unit Banking System refers to a single and usually small banks providing financial services to local people. Such banks do not have any connecting branches. The concept of Unit Banking System was originated in USA.

Suggest Corrections

Similar questions

The interest rate in a bank increased by one percentage point, which translated into a 20% increase in the interest that a person received. What was the original rate of interest in that bank?

Q. The interest rate in a bank is incresed by one percentage point, which transkated into a 20% increse in the interest that a person recived. What was the original rate of interest in that bank?

Q. In an arbitrarily chosen system of units and measurements, area was taken as a fundamental quantity and one unit area, denoted as A, is defined as the total surface area of a cube of unit length as its side. Find the unit of length in terms of A in this system.

Q. According to Laplace the solar system was originally a disc shaped rotating ____________.

Q. A banking system in which banks provide a wide variety of financial services, including both commercial and investment service is called __________.

Join BYJU'S Learning Program

Unit Banking system was originated in __________.

The correct option is B USAUnit Banking System refers to a single and usually small banks providing financial services to local people. Such banks do not have any connecting branches. The concept of Unit Banking System was originated in USA.

The correct option is B USA
Unit Banking System refers to a single and usually small banks providing financial services to local people. Such banks do not have any connecting branches. The concept of Unit Banking System was originated in USA.