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PNB (Punjab National Bank) was founded in:

A1969
B1894 — first Swadeshi bank founded by Indians
C1947
D1894
Answer & Solution
Correct answer: B. 1894 — first Swadeshi bank founded by Indians
**PNB:** founded 19 May 1894 in Lahore. First Indian bank wholly managed by Indians. Lala Lajpat Rai was a founding member. Among 14 banks nationalized in 1969. India's second-largest PSB after SBI (after 2020 amalgamation with Oriental Bank + United Bank).
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