This article will walk you through the Daily General Knowledge facts as of 16th June 2021. Presented here is your daily dose of Current Events and GK.
As stated by the World Bank, the Indian economy would expand by 8.3% in the fiscal year 2021-22. While the economic growth of a country also causes inflation.
The Government of India has suggested the privatization of the Bank of India in the year 2021. While NITI Ayog has made the decision on which bank has to be privatized, and have submitted the names of two banks in this regard.
Prime Minister Indira Gandhi issued an ordinance to nationalize the 14 largest commercial banks in India, in the year 1969. While the Reserve Bank of India was the first Indian bank to be nationalized, in January 1949.
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