Which of the following banks became State Bank of India after nationalisation in the year 1955 and has the largest number of branches in the world?

Correct option is C

Correct Answer: (c) Imperial Bank of India
Explanation:
· The Imperial Bank of India was nationalized in 1955 and renamed the State Bank of India (SBI).
· It is India's largest commercial bank, known for its extensive network of branches, both domestically and internationally.
· The nationalization aimed to ensure better service and accessibility for the public and align banking operations with national development goals.
Other Options:
· Bank of India: This is a separate entity and was established in 1906. It was not renamed or merged into SBI.
· Indus Bank of India: There was no such bank historically; this name seems hypothetical.
· National Bank of India: This was an old British colonial bank that later merged with other banks but was not linked to SBI.