The Holidaysfor the Banks are declared as per "______".

1.	The Holidaysfor the Banks are declared as per "______".
Answer» Reserve BankAct BankingRegulationAct Negotiable INSTRUMENTS Act Securitiesand ExchangeBoard ofIndia Act Solution :In TERMS of Section 25 of the Negotiable instrument Act, 1881, the expression "publichoiday" includeSunday and any other day declared by theCentralGovernmentbynotification inthe Official Gazette to be a publicholiday. However this POWER wasdelegatedby the CentralGovernmentto stateGovernments vide the Governmentof India, Ministry of Home Affairsin June 1957.

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