Previous year MCQs

UPPSC 2011 GS-1 Current Affairs
Question

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

Answer & Solution

Answer: (Detailed Solution Below)

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.

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