The Bangladesh bank (Nationalization) Order was promulgated on:

The Bangladesh bank (Nationalization) Order was promulgated on: Correct Answer 26 March 1972

Service matter—Bye - laws containing service rules framed by bank prior to promulgation of P.O. 26 of 1972 have no statutory force—Employees of bank cannot invoke writ jurisdiction in respect of violation such byelaws—But employees cannot be deprived of the principles of natural justice—Constitution of Bangladesh. 1972, Article. 102.
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Related Questions

Which is the correct position in law on an Ordinance promulgated under Article 123 of the Constitution of India, following the judgment in Krishna Kumar v. State of Bihar, (2017) 3 SCC
1. Power conferred upon the President under Article 123 is legislative in character and the satisfaction of the President is immune from judicial review.
2. An Ordinance promulgated under Article 123 must be laid before the Parliament, which is a mandatory constitutional obligation cast upon the government.
3. An Ordinance promulgated in exercise of powers under Article 123 cannot create enduring rights in favour of individuals
4. Re-promulgation of an Ordinance is a fraud on the Constitution.
Choose the correct answer from the following:
Consider the following statements.
1. An Ordinance can be Promulgated by the President of India when the House of the People is dissolved.
2. An Ordinance can be promulgated by the Governor to impose reasonable restrictions on the freedoms guaranteed under Article 19 of the Constitution.
3. An Ordinance remains operative for the same period as an Act of Parliament.
4. The same Ordinance can be promulgated more than once if the circumstances so require.
Which of the statements given above are correct?
Consider the following:
1. Allowing convertibility of rupee at the market rate in the current account
2. Nationalization of general insurance business
3. Establishment of IDBI
4. Nationalization of life insurance business
5. Capital adequacy norms for commercial banks
Arrange the events in the ascending order of their occurrence.
A, a bank officer, got compulsorily retired in 2014. Since the bank authorities did not release the leave encashment in his favour, he filed writ petition WP 2001 (W) of 2017 in Ranchi High Court for the same and also for the interest on the unpaid amount. The writ petition was disposed of by a learned Single Judge in December 2018 directing the bank to release the privileged leave encashment benefits to the petitioner to the extent he was entitled to in accordance with law within a certain period. The prayer for interest was not specifically denied by the court. The bank filed an appeal against the order. The Division Bench of Ranchi High Court in February, 2019 declined to admit the appeal. The bank authorities released the leave encashment in favour of the petitioner. However, A files a writ petition again for a direction to the bank to disburse interest to A at the rate of 18% per annum on leave encashment released by the bank. This petition is covered under which of the following?
Re-arrange the following sentences into a meaningful paragraph. (A) comes into effect from today. The bank's savings account rate was 3.5 per cent during March 2003 to May 2011 for all savings bank account customers (B) The bank's decision comes two days ahead of RBI's monetary policy meet and is likely to trigger (C) with deposits of above Rs 1 crore, it said in a statement. The two-tier savings bank account interest rate (D) to 3.5 per cent, lowest in six years, a decision that will impact 90 per cent of its customers (E) The country's largest lender however will continue to pay 4 per cent interest on savings bank accounts (F) SBI today cut interest rate on savings bank account deposits up to Rs 1 crore by 0.5 per cent (G) rate war among peers. SBI's savings bank account base is of around Rs 9 lakh crore.
An order is promulgated by a public servant lawfully empowered to prom ulga te such order, directing that a religious procession shall not pass down a certain street. A knowingly disobeys the order, and thereby causes danger of riot.
Before nationalization in 1972 , the former name of present Janata Bank Ltd. was-
Which of the following were considered to be compelling reasons for bank Nationalization?
Identify the correct combination of statements with regard to banking in India.
1. For many years the presidency banks had acted as quasi-central banks.
2. The Bank of Hindustan was liquidated during 1829-32.
3. General Bank of India was an unsuccessful bank and was dissolved in 1791.
4. Bank of Calcutta was renamed as Bank of Bengal in 1921.
Five persons concert to loot a bank. Two of them, M and N, stay on in the car, with the engine running on, at the entrance of the bank. Three of them X, Y, and Z, enter the bank. X shoots the cashier, and Y and Z loot the cash. Police suddenly reaches the bank and apprehends, Y and Z but X escapes. On seeing the police enter the bank, M and N also run away in the car. Later on, all the five are arrested and charged with the offences of dacoity, looting and murder. M and N plead that they are not guilty of any of the offences, certainly not of murder and looting, as they did not participate in any of these offences. Should their plea prevail?