BANKING GENERAL KNOWLEDGE
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
When was the Public Debt Act passed?
|
|
1935
|
|
|
1942
|
|
|
1944
|
|
|
1947
|
Explanation:
Detailed explanation-1: -[22nd November, 1944.] Government].
Detailed explanation-2: -In March 1947, the public debt of India stood at Rs. 2331.98 crores. At the time of the Partition of the country, a financial agreement was reached between the Government of India and Pakistan.
Detailed explanation-3: -Public Debt Management Cell is an interim arrangement before setting up an independent and statutory debt management agency namely the Public Debt Management Agency (PDMA). PDMC has the following advisory functions to the Government."
There is 1 question to complete.