The first private bank of Assam set up in the year 1926 was || ADRE 1.0 (SLRC 2022) Paper-I Solved Questions

QUESTION:

The first private bank of Assam set up in the year 1926 was 

(A) Assam Co-operative Apex Bank Limited 

(B) The Gauhati Bank Limited 

(C) Assam Gramin Vikash Bank 

(D) Lakhimi Gaonlia Bank


ANSWER:


Option

Bank

Explanation

(A)

Assam Co-operative Apex Bank Limited

Incorrect. 

(B)

The Gauhati Bank Limited

Correct. The Gauhati Bank Limited was the first private bank in Assam, established in 1926.

(C)

Assam Gramin Vikash Bank

Incorrect. 

(D)

Lakhimi Gaonlia Bank

Incorrect. 


Correct Option: (B) The Gauhati Bank Limited


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