Question
Prior to 1955, State bank of India was known as?
Solution
Imperial Bank of India, became the State Bank of India in 1955. Government of India owned the Imperial Bank of India in 1955, with Reserve Bank of India taking a 60% stake, and renamed it the State Bank of India. In 2008, the government took over the stake held by the RBI.
Under the Special Economic Zones (SEZ) Act, 2005, which authority is responsible for the development, operation, and maintenance of Special Economic Zon...
According to the Union Budget 2023-24, consider the following statements.Â
1. The share of exports in GDP (at 2011-12 prices) also increased to ...
What is the maximum loan limit under PMEGP for manufacturing businesses?
Infrastructure Debt Funds (IDFs) can be set up as which of the following entities in India?
According to the Union Budget 2023-24, consider the following statements.Â
1. As per the First Advance Estimates (FAE) of National Income, 2022-...
Which of the following is a limitation of the Value at Risk (VaR) approach, a widely used risk management tool, to measuring risk?
Under the MSMED Act, 2006, which provision allows the Central Government to exempt certain small enterprises from the application of provisions of the A...
Consider the following statements with reference to the IFSCA Act:
1)Â Â Â The IFSCA Act was enacted in 2019 to provide for the establishment of...
According to Union Budget 2023-24, consider the following statements regarding Metal Industry:
1. Exemption from Basic Customs Duty on raw mat...
What would be the break even units if the Fixed Cost is Rs.1,00,000 and PV ratio is 25%. The company sells its product at Rs.60 per unit.