General Knowledge · General Awareness
Which of the following statements is NOT correct regarding banks in India?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The Reserve Bank of India (RBI) operates as a private commercial bank in India.✓
- 2The mobile ATM service was first introduced in India by ICICI Bank.
- 3Allahabad Bank (now merged with Indian Bank) was historically considered the oldest joint-stock public sector bank in India.
- 4State Bank of India (SBI) has the maximum number of branches across India.
Correct answer
The Reserve Bank of India (RBI) operates as a private commercial bank in India.
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