Banking in India in the modern sense originated in the last decades of the 18th century. The first banks were Bank of Hindustan (1770-1829) and The General Bank of India‚ established 1786 and since defunct. The largest bank‚ and the oldest still in existence‚ is the State Bank of India‚ which originated in the Bank of Calcutta in June 1806‚ which almost immediately became the Bank of Bengal. This was one of the three presidency banks‚ the other two being the Bank of Bombayand the Bank of Madras
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and traces its roots to the silver standard currency basket of the colonial rule. Originally produced in India in the 15th and 16th centuries by Mogul rulers‚ the currency shifted to Gold Standards in 1898 with the British dominance of the subcontinent. The currency is controlled by the Reserve Bank of India that manages the policies through its broader mandate as the acting central bank of India. Historically‚ the currency has been pegged to the British sterling and then to the US Dollar until 1971
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India Today! By-Class 7-D India in Danger • Our India is in danger because of its corruption and poverty . Most of the politicians are corrupt and have Black Money and it is a very bad thing because it is income illegally obtained or not declared for tax purposes . To change India we should help to stop Poverty and Corruption. Corruption • Corruption in India is a major issue that adversely affects its economy. A study conducted by Transparency International in year 2005 found that more than
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------------------------------------------------- India From Wikipedia‚ the free encyclopedia This article is about the Republic of India. For other uses‚ see India (disambiguation). Republic of IndiaBharat Ganrajya | | | Flag | Emblem | | Motto: "Satyameva Jayate" (Sanskrit) "Truth Alone Triumphs"[1] | Anthem: Jana Gana Mana "You are the Ruler of the Minds of All People"[2]MENU0:00 | National song: Vande Mataram "I Bow to You‚ Mother"[a][1]MENU0:00 | Area controlled by India shown in dark green;
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FDI Policy in India FDI as defined in Dictionary of Economics (Graham Bannock et.al) is investment in a foreign country through the acquisition of a local company or the establishment there of an operation on a new (Greenfield) site. To put in simple words‚ FDI refers to capital inflows from abroad that is invested in or to enhance the production capacity of the economy. [9] Foreign Investment in India is governed by the FDI policy announced by t he Government of India and the provision
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Union of India (1994) case. It tested for the first time the presidential notification under Article 356 on the touchstone of the basic structure doctrine. Earlier‚ only constitutional amendments were put to such a test. The Supreme Court has accepted among such decisions that India is a quasi-federal state because the Union has been given many overriding powers over the states. The most extreme of these powers is given under Article 356 under which the Union can dismiss any state government. After
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India In a country with 1.18 billion people and counting it is hard to keep track of all the small things going on without a strong and organized government. Throughout India you can see various issues that may be keeping it from becoming an MDC. Major problems such as language differences‚ extreme poverty‚ health problems‚ migration issues; can all lead to one conclusion; Corruption. Power tends to corrupt‚ and absolute power corrupts absolutely. It’s not easy to define corruption. But in
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BANK OF BARODA In the case of Bank of Baroda it was the need to refresh brand image and create a more contemporary persona as the old identity was not well recalled or liked so a dramatic transition was called for. When brands undergo an overhaul‚ how should they ensure that consumers do not misinterpret this as a negative sign as though something is amiss and start worrying if it means the brand was not doing well before? Bank of Baroda is a comprehensive re-branding initiative that addressed
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Kashmir conflicts is a major contention between India and Pakistan over control of the region of Kashmir which was located on the Northern border of India and the Northeast of Pakistan. Both Pakistan and India lays claim over Kashmir due to nationalism and the controversial politics of the region as well as other reasons including the religion issues‚ the water issues‚ border crossing issues and the strategic location of Kashmir which are vital to both India and Pakistan‚ which will be summarized in the
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technological devices in the curriculum in order to enhance students learning and meet the needs of various types of learners. Present situation Soon after gaining independence in 1947‚ making education available to all had become a priority for the government. As discrimination on the basis of caste and gender has been a major impediment in the healthy development of the Indian society‚ they have been made unlawful by the Indian constitution. The 86th constitutional amendment has also made elementary
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