Question

1. Name the troubled bank that almost collapsed in India before the COVID-19 pandemic?

1. State Bank of India
2. Canara Bank
3. Allahabad Bank
4. Yes Bank
5. Reserve Bank of India

2. Name the troubled bank that had to be bailed out in Bangladesh most recently?

1. Basic Bank
2. NRB Global Bank
3. Agrani Bank
4. Padma bank
5. Jamuna Bank

Answer 1

1.Yes Bank almost collapsed before the pandemic because of Mis- Management by its promoters and ultimately it has to be taken over by other banks through Reserve Bank of India.

State Bank off India or Allahabad bank or Canara Bank did not collapse before pandemic.

Correct answer is option (d) Yes Bank

2. Padma bank which was earlier called farmers Bank was bailed out by four major banks of Bangladesh.

Rest of the banks were not bailed out.

Correct answer is option (d) Padma Bank.