Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Current Affairs

Topic

International: 2023

Question:

Which of the following bank did not suffer a collapse in a global banking crisis in 2023?

Options:

First Republic Bank

Signature Bank

Silicon Valley Bank

Credit Suisse bank

Correct Answer:

Credit Suisse bank

Explanation:

Credit Suisse bank was purchased by UBS, Switzerland as it was in trouble which prevented its collapse. Remaining three banks :- First Republic Bank, Signature Bank, and Silicon Valley Bank collapsed in the global banking crisis 2023.