Question : As per the merger of public sector banks, effective from 1 April 2020, which of the following banks was merged with the Union Bank of India?
Option 1: Syndicate Bank
Option 2: Allahabad Bank
Option 3: Corporation Bank
Option 4: United Bank of India
Correct Answer: Corporation Bank
Solution : The correct answer is Corporation Bank .
Andhra Bank and Corporation Bank were amalgamated into Union Bank of India. All the customers of Andhra Bank and Corporation Bank were regarded as the customers of the Union Bank of India. The Union Bank of India was founded on November 11, 1919. The headquarters of the bank was in Mumbai.
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