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    The first bank managed by Indians was
    Question

    The first bank managed by Indians was

    A.

    Punjab National Bank

    B.

    Oudh Bank

    C.

    Benares State Bank

    D.

    Punjab & Sind Bank

    Correct option is A


    Ans. (a)
    Sol. The Punjab National Bank (PNB), established in 1894 in Lahore, was the first bank to be purely managed by Indians with Indian capital. It was founded by prominent Indian leaders like Lala Lajpat Rai and was a major step in promoting Indian control over banking operations during British rule.

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