What unique distinction do the General Bank of India and the Bank of Hindustan founded in and around 1786 posses in the context of Indian banking history?
A)they are not registered banks
B)they are owned by rbi
C)they are first indian banks
D)they are nationalized banks.

Question

Quizplus · Accepted Answer

The General Bank of India and the Bank of Hindustan, founded in and around 1786, hold the unique distinction of being among the first banks established in India, marking the early efforts to introduce banking in the country.

What Unique Distinction Do the General Bank of India and the Bank