Challenger Logo

Challenger App

Get it on Google PlayGet it on App Store
Challenger App

No.1 PSC Learning App

★
★
★
★
★
1M+ Downloads
Get App
SBI was formed on

A1st July 1950

B1st July 1960

C1st October 1955

D1st July 1955

Answer:

D. 1st July 1955

Read Explanation:

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.

Related Questions:

The first person to become the Union Finance Minister after becoming the RBI Governor
The Bank of Calcutta was established on
The policy adopted by SBI, to bring back its old customers.
The second phase of bank nationalisation took place during which Five Year Plan ?
SBI Act was passed on