Consider the following statements: 1. Global Trust Bank has been amalgamated with the Punjab National bank.
Consider the following statements:
1. Global Trust Bank has been amalgamated with the Punjab National bank.
2. The second report of the Kelkar Committee dealing with direct and indirect taxes has maintained its original recommendation including the abolition of exemptions relating to housing loans.
Which of the statements given above is/are correct?
(a) 1 only (b) 2 only (c) Both 1 and 2 (d) Neither 1 nor 2
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(b) Global Trust Bank Ltd has been amalgamated with the Oriental Bank of Commerce. The merger took place on 14th August, 2004.
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