Question

SBI Act was passed on

• A. 15th April 1952
• B. 8th May 1955
• C. 20th March 1956
• D. 30th June 1957

Answer 1

Answer:

B. 8th May 1955

STATE BANK OF INDIA:

• SBI was formed on 1st July 1955 with the passing of SBI ACT

• SBI Act was passed in 8th May 1955 

• The origin of the SBI goes back with the establishment Bank of Calcutta.