WBCS.LIVE practice question

First Bank in India listed in New York Stock Exchange (NYSE)ā€”

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. SBI
  2. ICICI
  3. Deutsche
  4. HDFC

Correct answer and explanation

Correct answer: ICICI

Explanation: āœ… Correct Answer: B. ICICI šŸ“š Explanation: ICICI Bank made history in 1999 by becoming the first Indian financial institution to be listed on the New York Stock Exchange. This move opened Indian banking to global investors. It was a major milestone in the modernization of India's corporate sector. The listing followed the economic reforms that allowed Indian companies to raise capital abroad.