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Which was the first Indian bank established in 1770?
Data Analysis and Interpretation
General Bank of India
Bank of Hindustan
Bank of Calcutta
Bank of Bombay
Bank of Madras
Correct Option is Bank of Hindustan
Banking in India, in the modern sense, originated in the last decades of the 18th century. Among the first banks were the Bank of Hindustan, which was established in 1770 and liquidated in 1829–32; and the General Bank of India, established in 1786 but failed in 1791.
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