1. The Reserve Bank of India was nationalized on January 1, 1949.

2. Earlier, the Reserve Bank of India was a privately owned bank, established on April 1, 1935, in accordance with the provisions of the Reserve Bank of India Act, 1934.

2. After India's independence on 15 August 1947, RBI was nationalized on 1 January 1949.

4. After nationalization, the Reserve Bank of India came under the complete ownership of the Government of India.

Under Article 1, India is described as a “Union of States”. Federal word is not mentain in our constitution.

A. Recently the Geological Survey of India (GSI) has discovered the rare metal ‘vanadium’ in sediment samples collected from the Gulf of Khambhat near Alang in Gujarat.

1. In the Gulf of Khambhat, it has been identified within the mineral titanomagnetite, which is formed by the rapid cooling of molten lava.
 2. Rarely found naturally in its pure form, vanadium is present in more than 55 different minerals.

B. Use of Vanadium

1. For the production of steel alloys,
 2. In battery manufacturing,
 3. In defense and aerospace,
 4. Energy storage and making critical electronic components.

1. Part II of the Constitution of India deals with citizenship. This part consists of Articles 5 to 11.

2. There are two types of people in India – citizens and foreigners.

3. Citizens are full members of the Indian State and owe allegiance to it.