Banking Awareness - Banking Acts, Reforms & Risk Management
Which of the following correctly describes a merged bank after consolidation?
Which of the following correctly describes a merged bank after consolidation?
medium Q15 of 15
Step-by-Step Solution
Step 1: Recall what happens in a merger
Multiple banks legally combine into one.Step 2: Identify the correct outcome
The merged entity continues as a single bank.Final Answer:
A single bank formed from two or more banks → Option DQuick Check:
Merger = one surviving banking entity ✅
Quick Trick: Many banks combine to become one.
Common Mistakes:
MISTAKES- Thinking merged banks lose regulatory oversight.
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