In which year did Punjab National Bank start operating its business?

Correct option is B

Punjab National Bank (PNB) began its operations in 1895 in Lahore, making it the first Indian bank to be entirely managed and operated by Indians. It played a crucial role in the Swadeshi movement and Indian banking independence.
Explanation of options: (a) ✘ 1885 predates PNB’s actual operation year and is incorrect. (b) ✔ 1895 is the correct year when PNB officially started functioning. (c) ✘ 1875 is too early and unrelated to PNB’s establishment. (d) ✘ 1865 is associated with older foreign-established banks, not PNB.