Banking General Awareness Origin and Development of Banking in India Question Bank Origin and Development of Banking in India

  • question_answer
    The earliest attempt to set up in India a banking institution with some characteristics of central bank dates back to January, 1773 when Warren Hastings, Governor of Bengal (later Governor General) recommended the establishment of                                                                                                            [RBI Assistant 2013]

    A)  Presidency Bank 

    B)      Reserve Bank of India

    C)  Imperial Bank of India

    D)  General Bank of Bengal and Bihar

    E)  None of the above

    Correct Answer: D


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