Indian Economy
In India the first bank of limited liability managed by Indian and founded in 1881 was:

Punjab National Bank
Punjab and Sind Bank
Oudh commercial Bank.
Hindustan Commercial Bank

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Indian Economy
Subsidies mean

payment made by business enterprises to factors of production
payment made by companies to shareholders
payment made by the government to business enterprises, without buying any goods and services
payment by government for purchase of goods and services

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