Which of the following state is known as “Cradle of Indian Banking”? A. Kerala B. Maharashtra C. Tamil Nadu D. Karnataka E. Uttar Pradesh

1 Answer

Answer :

D. Karnataka Explanation: The state of Karnataka, particularly the region comprising the coastal districts of Dakshina Kannada and Udupi is called as the cradle of banking in India. This is because seven of the country‘s leading banks, Canara Bank, Syndicate Bank, Corporation Bank, Vijaya Bank, Karnataka Bank, Vysya Bank and the State Bank of Mysore originated from this state.

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Last Answer : Ans: (c)

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