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Home Questions JGGKVJVF8W
Target Exam

CUET

Subject

General Test

Chapter

General Knowledge

Question:

Who is the founder of Indian Overseas Bank?

Options:

M. Chidambaram Chettyar

V. G. Kale

Devkaran Nanjee

Rana Kapoor

Correct Answer:

M. Chidambaram Chettyar

Explanation:

The correct answer is Option (1) → M. Chidambaram Chettyar

The founder of the Indian Overseas Bank (IOB) is M. Ct. M. Chidambaram Chettyar. He established the bank in February 1937 with the aim of specializing in foreign exchange business and overseas banking.

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