Question

The first Bank which was established in Bihar was-
1. Union Bank
2. Bank of India
3. Allahabad Bank
4. Central Bank

Answer 1

Correct Answer - Option 3 : Allahabad Bank

The correct answer is Allahabad Bank.

• The first bank established in Bihar was Allahabad Bank.

• The commercial banks in Bihar comprise both public sector banks and private sector banks.
• There was a total of 6909 branches of commercial banks in Bihar in 2018.