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What is the full form of "BOI"?

  • A.Board of Investments
  • B.Board of Investigation
  • C.Business Object Interface
  • D.Bank of India

Answer: D

Correct answer: Bank of India

Bank of India is one of India's major public sector banks, founded in Mumbai in 1906 by a group of businessmen and nationalised in the first round of July 1969.

It is easily confused with the Reserve Bank of India, which is the central bank and a quite different institution, and with the Bank of Baroda, another nationalised commercial bank. The pattern is worth noting: several Indian banks take their names from a place or a country, and BOI, PNB, SBI and CBI all follow it.

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