2017
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Lok Sabha
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Rajya Sabha
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Income Tax Department
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Staff Selection Commission
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Detailed explanation-1: -The State Banks (Repeal and Amendment) Bill, 2017 was introduced in Lok Sabha by the Minister of Finance, Mr. Arun Jaitley, on July 21, 2017.
Detailed explanation-2: -State Bank Of India Act Regulation, 1955.
Detailed explanation-3: -In 2017, State Bank of India merged with itself five of its associate banks–State Bank of Bikaner and Jaipur, State Bank of Mysore, State Bank of Travancore, State Bank of Hyderabad, and State Bank of Patiala-along with Bharatiya Mahila Bank.
Detailed explanation-4: -[10th September, 1959.] An Act to provide for the formation of certain Government or Government associated banks as subsidiaries of the State Bank of India and for the constitution, management and control of the subsidiary banks so formed, and for matters connected therewith, or incidental thereto.
Detailed explanation-5: -Associate Banks of State Bank of India On 1st April 2017, SBI merged with 5 of its associate banks and one other bank. This brought into SBI the 50 largest banks in the world. These associate banks included State Bank of Jaipur, Bikaner, Mysore, Travancore, Hyderabad, and Patiala.