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Q14 (IAS/2009) Economy › Money, Banking & Inflation › Banking structure Answer Verified

Consider the following pairs : 1. ABN Amro Bank :USA 2. Barclays Bank :UK 3. Kookmin Bank :Japan Which of the above pairs is/are correctly matched ?

Result
Your answer: —  Â·  Correct: B
Explanation

ABN AMRO is a Dutch bank with headquarters in Amsterdam and origins in the Netherlands, not the USA, so pair 1 is incorrect [1]. Barclays is a long-established British bank headquartered in the United Kingdom (London), so pair 2 is correctly matched [2]. KB Kookmin Bank (Kookmin Bank) is headquartered in Seoul and is a South Korean bank, not Japanese, hence pair 3 is incorrect [3]. Therefore only pair 2 is correctly matched. This conclusion uses the cited sources for the country of origin of each listed bank and standard knowledge of their headquarters and national origins.

Sources

  1. [1] https://en.wikipedia.org/wiki/ABN_AMRO
  2. [2] https://www.reuters.com/article/world/uk/factbox-key-facts-about-barclays-and-abn-amro-idUSL23532704/
  3. [3] https://en.wikipedia.org/wiki/Kookmin_Bank
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SIMILAR QUESTIONS

IAS · 2014 · Q88 Relevance score: 0.11

Consider the following pairs: 1. Garba - Gujarat 2. Mohiniattam - Odisha 3. Yakshagana - Karnataka Which of the pairs given above is/are correctly matched?