Current Affairs - Persons - Discussion
Discussion Forum : Persons - Latest Current Affairs (Q.No. 5802)
5802.
Who introduced a bill in the Lok Sabha to repeal certain Acts, a move that was legally necessary in the wake of the merger of State Bank of India (SBI)?
Answer: Option
Explanation:
Finance minister Arun Jaitley introduced a bill in the Lok Sabha to repeal certain Acts, a move that was legally necessary in the wake of the merger of State Bank of India (SBI) with its subsidiary banks from April 1 this year. He introduced the State Banks (Repeal and Amendment) Bill, 2017 to repeal the State Bank of India (Subsidiary Banks) Act, 1959 and the State Bank of Hyderabad Act, 1956.
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