Start learning 50% faster. Sign in now
Get Started with ixamBee
Start learning 50% faster. Sign in nowS. 20. Obligation of the Bank to transact Government business. S. 21. Bank to have the right to transact Government business in India. S. 21. Bank to have the right to transact Government business in India. (1) The Central Government shall entrust the Bank, on such conditions as may be agreed upon, with all [its] money, remittance, exchange and banking transactions in India, and, in particular, shall deposit free of interest all [its] cash balances with the Bank: Provided that nothing in this sub-section shall prevent the [Central Government] from carrying on money transactions at places where the Bank has no branches or agencies, and the [Central Government] may hold at such places such balances as [it] may require. (2) The [Central Government] shall entrust the Bank, on such conditions as may be agreed upon, with the management of the public debt and with the issue of any new loans. (3) In the event of any failure to reach agreement on the conditions referred to in this section the [Central Government] shall decide what the conditions shall be. (4) Any agreement made under this section shall be laid, as soon as may be after it is made, before Parliament.
The Unique Identification Authority of India (UIDAI) signed an MoU with the ______ to develop a touchless biometric capture system for easier use, anyti...
The Ayush Minister recently announced that an International Yoga & Naturopathy College will be set up in which state?
In the BOBCARD Limited announcement, which network was the Corporate Credit Card launched on?
Which company initiated clinical trials for the Tuberculosis vaccine MTBVAC on adults in India?
ADB has provided how much loan to the government of India for financing the construction of the 82-kilometer Delhi-Meerut Regional Rapid Transit System ...
Consider the following about G20 Finance and Central Bank Deputies (FCBD) meeting:
I. The first G20 Finance and Central Bank Deputies (FCBD) meet...
Anita Pointer recently died.She was a?
Consider the following statements regarding the Sovereign Gold Bond Scheme-
I.Sovereign Gold Bonds are the government securities denominated in g...
The 17th instalment of the PM Kisan Nidhi scheme will benefit how many crore farmers?