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Which of the following are the associates of State Bank of India?
- State Bank of Hyderabad
- State Bank of Mysore
- State Bank of Tamil Nadu
- State Bank of Travancore
Choose the correct answer using the codes given below.
- a)1, 2 and 4
- b)3 and 4
- c)1 and 2
- d)All of these
Correct answer is option 'A'. Can you explain this answer?
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Which of the following are the associates of State Bank of India? Stat...
The 7 associate banks of State Bank of India are: State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Travancore, State Bank of Mysore, State Bank of Patiala, State Bank of Saurashtra and State Bank of Indore.
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Which of the following are the associates of State Bank of India? Stat...
Associates of State Bank of India:
The correct answer is option 'A' (1, 2 and 4).
Explanation:
State Bank of India (SBI) is the largest public sector bank in India. It has several associate banks that operate under its umbrella. These associate banks are:
1. State Bank of Hyderabad:
- State Bank of Hyderabad was one of the associate banks of SBI.
- It was established in 1941 as the Hyderabad State Bank.
- In 1956, it became a subsidiary of SBI and was later merged with SBI in 2017.
2. State Bank of Mysore:
- State Bank of Mysore was another associate bank of SBI.
- It was established in 1913 as The Bank of Mysore Ltd.
- In 1960, it became a subsidiary of SBI and was later merged with SBI in 2017.
3. State Bank of Tamil Nadu:
- State Bank of Tamil Nadu is not an associate bank of SBI.
- It does not exist as a separate entity.
4. State Bank of Travancore:
- State Bank of Travancore was also an associate bank of SBI.
- It was established in 1945 as the Travancore Bank Ltd.
- In 1960, it became a subsidiary of SBI and was later merged with SBI in 2017.
In summary, out of the options given, State Bank of Hyderabad, State Bank of Mysore, and State Bank of Travancore are associates of State Bank of India. State Bank of Tamil Nadu is not an associate bank of SBI. Therefore, the correct answer is option 'A' (1, 2 and 4).
The correct answer is option 'A' (1, 2 and 4).
Explanation:
State Bank of India (SBI) is the largest public sector bank in India. It has several associate banks that operate under its umbrella. These associate banks are:
1. State Bank of Hyderabad:
- State Bank of Hyderabad was one of the associate banks of SBI.
- It was established in 1941 as the Hyderabad State Bank.
- In 1956, it became a subsidiary of SBI and was later merged with SBI in 2017.
2. State Bank of Mysore:
- State Bank of Mysore was another associate bank of SBI.
- It was established in 1913 as The Bank of Mysore Ltd.
- In 1960, it became a subsidiary of SBI and was later merged with SBI in 2017.
3. State Bank of Tamil Nadu:
- State Bank of Tamil Nadu is not an associate bank of SBI.
- It does not exist as a separate entity.
4. State Bank of Travancore:
- State Bank of Travancore was also an associate bank of SBI.
- It was established in 1945 as the Travancore Bank Ltd.
- In 1960, it became a subsidiary of SBI and was later merged with SBI in 2017.
In summary, out of the options given, State Bank of Hyderabad, State Bank of Mysore, and State Bank of Travancore are associates of State Bank of India. State Bank of Tamil Nadu is not an associate bank of SBI. Therefore, the correct answer is option 'A' (1, 2 and 4).
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Which of the following are the associates of State Bank of India? State Bank of Hyderabad State Bank of Mysore State Bank of Tamil Nadu State Bank of TravancoreChoose the correct answer using the codes given below.a)1, 2 and 4b)3 and 4c)1 and 2d)All of theseCorrect answer is option 'A'. Can you explain this answer?
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