Home PYQs UPPSC UPPSC MCQs Prelims 2011 (GS Paper I)

Question

Which bank became the first bank to open its branch in China ?

  1. IDBI Bank
  2. HDFC Bank
  3. State Bank of India
  4. Punjab National Bank

Answer:

Option C: State Bank of India

Detailed Solution:

The correct answer is “State Bank of India”.

The SBI's Shanghai branch is now connected to China's National Advance Payment System (CNAPS), becoming the first Indian Bank to operationalise it.