Multiple choice

The Parliament has finally passed SBI (Amendment) Bill 2007, which will replace the ordinance issued by the government in

  1. April 2007

  2. May 2007

  3. June 2007

  4. July 2007

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The State Bank of India (Amendment) Bill 2007 was passed to allow the transfer of the RBI's stake in SBI to the central government. This bill replaced an ordinance that had been promulgated in June 2007. The move was part of a broader regulatory shift to separate the central bank's ownership from its supervisory role.