Question 192
The first private bank of Assam set up in the year 1926 was
Answer
The Gauhati Bank Limited
Why?
The correct answer is option 2. Key Points The first private bank of Assam, set up in 1926, was The Gauhati Bank Limited. The Gauhati Bank Ltd. was established in 1926 as the first private sector bank of Assam. Headquartered in Guwahati, it played a significant role in the financial development of the region. Later, it merged with the State Bank of India. Additional Information Assam Co-operative Apex Bank Ltd. → Established in 1948, focuses on co-operative banking. Assam Gramin Vikash Bank → Regional Rural Bank (RRB), established in 2006 after amalgamation of several RRBs. Lakhimi Gaonlia Bank → A local bank, but not the first private bank of Assam.
