1.

Lok Sabha has passed the State Banks (Repeal and Amendment) Bill, 2017. Which of the following facts about this bill is true?

A. In this, there is a provision to repeal the SBI (Subsidiary Banks) Act, 1959 and the State Bank of Hyderabad Act, 1956 after the merger of five associate banks with SBI.
B. There is a provision to amend the State Bank of India Act, 1955.
C. (1) and (2) both
D. neither of the above
Answer» D. neither of the above


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