Lala Lajpat Rai helped establish a bank. Which one was it?
State Bank of India
Reserve Bank of India
Punjab National Bank
Bank of Baroda
Answer
The Punjab National Bank, founded in 1894, is a significant financial institution that emerged due to the efforts of Lala Lajpat Rai and a group of prominent leaders. Rai envisioned a bank that would cater to the financial needs of the Indian populace, fostering economic growth and empowerment. The establishment of Punjab National Bank aligned with the Swadeshi movement, emphasizing self-reliance and economic independence during the Indian independence struggle.
Lala Lajpat Rai Quiz: How Much Do You Know About This Fascinating Topic?
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