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Which two major banks recently announced a merger to create the largest bank in Australia?
  • a)
    Commonwealth Bank of Australia and Westpac Banking Corporation
  • b)
    Australia and New Zealand Banking Group (ANZ) and National Australia Bank (NAB)
  • c)
    Westpac Banking Corporation and National Australia Bank (NAB)
  • d)
    Commonwealth Bank of Australia and Australia and New Zealand Banking Group (ANZ)
  • e)
    National Australia Bank (NAB) and Commonwealth Bank of Australia
Correct answer is option 'E'. Can you explain this answer?
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Which two major banks recently announced a merger to create the larges...
ANZ and NAB recently announced their merger in 2023 to create the largest bank in Australia. The merger aims to streamline operations, enhance customer experience, and strengthen the banks' position in the competitive banking landscape.
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Directions: Read the following passage and answer the questions that follow.Delhi reportedly produces 10,000 metric tonnes of garbage every day and the space to dump this garbage is a major problem. East Delhis Ghazipur garbage dump stands at 65 metres tall, very close to the height of Qutub Miner, which stands at 73 metres. As Mumbai reeled under a heatwave, fire broke out in the citys largest landfill site at Deonar on 26 March 2018. Dhapa dumping ground in Kolkata has been burning since November 2018 and the thick smoke billowing out of the site is making the citys polluted air even more toxic. Since 20 October fires caused by toxic gases have been raging inside a landfill in Bhalswa, an urban village in North Delhi where a 40-acre graveyard of waste waits for its own death. Toxic smoke from a blaze at the Okhla landfill in the national capital caused health problems amongst local residents.State governments and municipal corporations have started to take cognizance of the problems of waste management. Maharashtra government imposed a complete ban on plastic carry bags and thermocol cutlery, becoming the 18th state of the county to impose such a ban. Two hundred residents associations/buildings in south Mumbai decided to become plastic-free as a drive against single-use plastics was launched here. The Golden Temple will replace the use of plastic carry bags with compostable ones to make its contribution to environment protection. The Telangana government issued guidelines to ban plastic usage in urban local bodies in the state.With Mount Pirana growing at an alarming rate, the Ahmedabad Municipal Corporation (AMC) has finally put its foot down. The corporation will not collect domestic waste if it is not segregated into dry and wet. With an aim to resolve waste management problems of residents in Gurugram. the agency responsible for solid waste management in the city has taken the local management approach by appointing ward managers in each of the 35 wards. Soon, all the municipalities and corporations in Tamil Nadu will begin sending non-recyclable waste to the cement plants and thermal power stations to be incinerated and converted into fuel. The municipal corporation in Cuttack will enforce a new set of regulations, including fines for littering roads in front of homes.Q. The first paragraph of the passage mainly talks about the

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Which two major banks recently announced a merger to create the largest bank in Australia?a)Commonwealth Bank of Australia and Westpac Banking Corporationb)Australia and New Zealand Banking Group (ANZ) and National Australia Bank (NAB)c)Westpac Banking Corporation and National Australia Bank (NAB)d)Commonwealth Bank of Australia and Australia and New Zealand Banking Group (ANZ)e)National Australia Bank (NAB) and Commonwealth Bank of AustraliaCorrect answer is option 'E'. Can you explain this answer?
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