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S. 20. Obligation of the Bank to transact Government business. S. 21. Bank to have the right to transact Government business in India. S. 21. Bank to have the right to transact Government business in India. (1) The Central Government shall entrust the Bank, on such conditions as may be agreed upon, with all [its] money, remittance, exchange and banking transactions in India, and, in particular, shall deposit free of interest all [its] cash balances with the Bank: Provided that nothing in this sub-section shall prevent the [Central Government] from carrying on money transactions at places where the Bank has no branches or agencies, and the [Central Government] may hold at such places such balances as [it] may require. (2) The [Central Government] shall entrust the Bank, on such conditions as may be agreed upon, with the management of the public debt and with the issue of any new loans. (3) In the event of any failure to reach agreement on the conditions referred to in this section the [Central Government] shall decide what the conditions shall be. (4) Any agreement made under this section shall be laid, as soon as may be after it is made, before Parliament.
Two trains A and B, were proceeding in the same direction on parallel tracks at 25 km/hr and 79 km/hr respectively. A man noticed that it took exactly 1...
Two trains approach each other at 23 kmph and 26 kmph from 2 places 245 km apart. After how many hours they will meet?
Two trains, whose respective lengths are 120 metres and 180 metres, cross each other in 15 seconds when they are moving in opposite directions and in 5...
Without stopping the speed of the train is 125 kmph, with stopping the speed of the train is 75 kmph.Find the stop time of the train?
Ratio of the lengths of two trains ‘X’ and ‘Y’ is 3:4 respectively and the ratio of time taken by them to cross a pole is 2:3 respectively. If s...
A Train Rajdhani Express leaves Kanpur station at 6 am and reaches Lucknow station at 10 am. Another Train Shatabdi Express leaves Lucknow station at 8 ...
A train takes 18 seconds to cross a 120-metre-long platform. If the speed of the train is 36 km/h, then find the time taken by the train to cross a 240-...
A train travels 240 km at a uniform speed. If the speed of the train is increased by 20 km/h, it takes 1 hour less to cover the same distance. What is t...
Two trains of same length are running in parallel tracks in the same direction with speed 60 km/hr and 90 km/hr respectively. The latter completely cros...
A train can cross a pole in 24 seconds. While if the train increased its speed by 50% then time taken by it to cross 234 metres long platform is 42 seco...
