question_answer

Consider the following statements:

1. Allahabad Bank was the first bank established exclusively by Indians.

2. Seven banks forming subsidiary of State Bank of India were nationalised in 1960.

Which of the statements given above is/are correct?

A)  Only 1                         

B)  Only 2

C)  Both 1 and 2    

D)  Neither 1 nor 2

E)  Can't say