Skip to main content

Demonetization lawful - Supreme court

 Good morning everyone, I already mentioned that I have joined Bank in the year of demonitisation. And the judgement in the favour of Central government decision to cancel Rs 500 and Rs 1000 currency notes upheld by Five member constitution bench of Supreme court.

Headed by Justice Abdul Nazeer found no descrepency in the decision. Justice BV Nagarathna is the only judge who believe it is unlawful act.

It means Demonetization of our country was not unlawful according to four of our five member constitution bench of Supreme court.

Still Fixed deposit rate of PUNJAB NATIONAL BANK is very high...till inflation will go down.

I need a personal suggestion... Our Naval veterans wish to organise a reunion... please suggest a resort for this purpose.... Good day

Comments

ajay choudhary said…
I am strongly disagree with judgement of supreme court.


January 29, 2023 at 12:58 PM
Post a Comment

Popular posts from this blog

Nouriel Roubini, Professor of Economics - " Growth of India will surpass China"

Nouriel Roubini is Professor Emeritus (2021-present), Professor of Economics (1995-2021), Stern School of Business, New York University. He is also CEO of Roubini Macro Associates, LLC, a global macroeconomic consultancy firm in New York, as well as Co-Founder of Rosa & Roubini Associates based out of London. At a 2006 address to the International Monetary Fund, Roubini warned of the impending recession due to the credit and housing market bubble. His predictions of these upside-down balance sheets became a reality in 2008, with the bubble bursting and reverberating around the world into a global financial crisis – a recession we’re only recently rebounding from after a decade climb.  Speaking at the 7th edition of The Economic Times, Global Business Summit, Nouriel Roubini, Professor Emeritus, Stern School of Business, New York University, talks about mega threats, 'Polycrisis' and the confluence of calamities facing the Global Economy. Nouriel Roubini Speech
Post a Comment
Read more
  Atal Pension Yojana Read less Atal Pension Yojana, formerly known as Swavalamban Yojana is a government-backed pension scheme in India, primarily targeted at the unorganized sector -APY is open to all bank account holders in the age group of 18 to 40 years. Provided that from 1st October,2022, any citizen who is or has been an income-tax payer, shall not be eligible to join APY  -Subscribers would receive the guaranteed minimum monthly pension of Rs. 1000 or Rs. 2000 or Rs. 3000 or Rs. 4000 or Rs. 5000 at the age of 60 years. -The monthly pension would be available to the subscriber, and after him to his spouse and after their death, the pension corpus, as accumulated at age 60 of the subscriber, would be returned to the nominee of the subscriber. - Subscribers can make contributions to APY on monthly/ quarterly / half-yearly basis.  -Subscribers can voluntarily exit from APY subject to certain conditions, on deduction of Government co-contribution and ret...
Post a Comment
Read more