Question

SBI introduced Village Adoption scheme in ---.

• A. 1965
• B. 1980
• C. 1976
• D. 1972

Answer 1

Answer:

D. 1972

SBI:

• 1955 SBI Act (Nationalisation by forming Imperial Bank) 

• SBI formed during 1st five year plan. 

• AIRCSC recommended formation of SBI 

• State Bank Day - 1st July

• Present Chairman: Dinesh Kumar Khara 

• In 1959, the Govt passed the SBI (subsidiary Banks) Act, which made & Subsidiary Banks for SBI 

• SBI is the largest public sector bank in India.

• The bank in India having largest number of Branches is SBI, 

• The first chairman of SBI was Dr John Mathai 

• SBI acts as clearing house in areas where RBI has no branch 

• It is a Govt- owned Corporation with it HQ's in Mumbai

• SBI is the first Indian Bank to open branches in China.

• SBI is the first Bank to start branch in Israel 

• Resurgent India bond launched by SBI - 1998 - 5years (Foreign money) 

• SBI introduced Village Adoption scheme in 1972 

• SBI Green Card is - Agriculture Credit Card