● Statement 1 is incorrect: The Charter Act of 1793 provided for the payment of members of the Board of Control charged to the company. Pitt’s India Act, 1784 was instrumental as it provided for the creation of the Board of Control to look after the civil and military affairs. It separated the commercial functions from the administrative functions. ● Statement 2 is correct: The Charter Act of 1813 empowered the local government to levy taxes. Other provisions of the Charter Act of 1813: Ended the monopoly of the company to trade with India. However, it still retained its monopoly over tea trade and trade with China. § Allowed Christian missionaries to propagate their religion. § A sum of one lakh rupees was set aside for the promotion of education. ● Statement 3 is incorrect: An all-white sevenmember commission was established under the chairmanship of Sir John Simon to report into the working of Government of India Act, 1919. It submitted its report in 1930. The commission recommended the abolition of dyarchy at the provinces, establishment of All India federation of provinces and princely states, continuation of communal electorate. ● Statement 4 is incorrect: Ramsay MacDonald, British Prime Minister came with the Communal Award in 1932 which extended the system of separate electorate for the depressed classes. Mahatma Gandhi undertook fast unto death in opposition to the communal award and this finally culminated in the signing of the Poona Pact between the Mahatma Gandhi and Dr. B.R. Ambedkar. However, Lord Minto was known as the father of communal electorate after he came up with the separate electorate for the Muslims in the Government of India Act, 1909.
It is the highest rated bond which gives maximum returns at the time of maturity?
Which of the following is the regulator of the credit rating agencies in India?
The first RRB was set up at
What is CRILC ?
Loan granted for purchase of white goods by the banks is known as ______.
“Where India Banks” is the tagline of ____________ .
A person who sign the note of application & render his credit history during the process of loan application is called __________.
Who has been elected president of the Paralympic Committee of India?
How many Banks were nationalized in the Second Phase of Nationalization of Banks?
As per the RBI guidelines, Banks will be able to offer short-term crop loans up to one year at what percent of rate per annum?