KPSC KAS 2020 · Question 32 of 100

Recently the Union Government announced the merger of Syndicate Bank with Canara Bank and Corporation Bank with Union Bank of India. In this background, which of the following is not correct ?

Economics - Banking

ACorporation Bank was established in Udupi.
BCanara Bank was established under the leadership of Ammembal Subba Rao Pai.
CAll the four banks were established in Karnataka.Correct
DThe founder of Corporation Bank was Khan Bahadur Haji Abdullah Haji Kasim Saheb Bahadur.

Answer: C. All the four banks were established in Karnataka.

Union Bank of India was founded in Mumbai, so not all four banks were established in Karnataka.

Source: KPSC Gazetted Probationers Prelims Paper-I 24-08-2020 (Subject Code 388), Official Key Chart Series A

Practice the full KPSC KAS 2020 paper

Timed test with all 100 questions, just like the real exam.

KPSC KAS 2020 · Question 32 of 100

Economics - Banking

ACorporation Bank was established in Udupi.
BCanara Bank was established under the leadership of Ammembal Subba Rao Pai.
CAll the four banks were established in Karnataka.Correct
DThe founder of Corporation Bank was Khan Bahadur Haji Abdullah Haji Kasim Saheb Bahadur.

Union Bank of India was founded in Mumbai, so not all four banks were established in Karnataka.

Source: KPSC Gazetted Probationers Prelims Paper-I 24-08-2020 (Subject Code 388), Official Key Chart Series A

Practice the full KPSC KAS 2020 paper

Timed test with all 100 questions, just like the real exam.