The year of establishment of some important Organisations, Institutions and Acts for the subject of Commerce
| YEAR | EVENTS |
| 1157 | Care De Sangiorgio (First Bank) |
| 1157 | Bank of Venice (First Public Bank) |
| 1668 | First Central Bank |
| 1765 | First Savings Bank (Hamberg, Germany) |
| 1872 | The Indian Contract Act (1st September) |
| 1875 | The Bombay Stock Exchange (BSE established) |
| 1881 | The Negotiable Instrument Act |
| 1908 | The English Companies Act |
| 1913 | The Indian Companies Act |
| 1921 | The Imperial Bank (27th January) |
| 1923 | Workmen’s Compensation Act |
| 1926 | Trade Union Act |
| 1930 | Sale of Goods Act (1st July) |
| 1932 | The Partnership Act |
| 1935 | The Imperial Bank became The Reserve Bank of India (RBI- 1934 The RBI Act) |
| 1944 | International Monetary Fund ( imf) & World Bank (IBRD- International Bank for Reconstruction and Development) |
| 1947 | The Import Export (Control) Act |
| 1947 | The Foreign Exchange Regulation Act |
| 1947 | Industrial Dispute Act |
| 1948 | The UK Companies Act |
| 1948 | Industrial Finance Corporation of India (IFCI) |
| 1948 | The Employee’s State Insurance Act |
| 1949 | The Banking Companies Regulation Act (17th February) |
| 1952 | The Indian Planning Commission |
| 1952 | All India Handicrafts Board |
| 1952 | Employee’s State Insurance Scheme |
| 1952 | The Employee’s Provident Fund Act |
| 1953 | The Coir Board |
| 1954 | The Small Scale Industries Board |
| 1955 | State Bank of India |
| 1955 | Industrial Credit and Investment Company of India (ICICI) |
| 1956 | The Companies Act (1st April ) |
| 1956 | The Securities and Contract Regulation Act |
| 1956 | Life Insurance companies nationalized |
| 1956 | International Finance Cooperation |
| 1956 | State Trading Corporation (STC- 18th May) |
| 1959 | Educational TV was first launched in India |
| 1960 | International Development Agency |
| 1961 | The Income Tax Act |
| 1961 | Maternity Benefits Act |
| 1963 | The Unit Trust of India (UTI) Act (1964 started functioning) |
| 1963 | Mineral and Metal Trading Corporation (MMTC- 1st October) |
| 1964 | The Industrial Development Bank of India (IDBI established)(1976 delinked from RBI, 1994 Amended, 1995 1st Public Issue was made) |
| 1964 | Export Credit and Gurantee Corporation Ltd. (January) |
| 1965 | The Export Act |
| 1966 | Asian Development Bank (ADB) |
| 1967 | Association of South East Asian Nations (ASEAN- 6th August) |
| 1969 | The Monopolies and Restrictive Trade Practices (MRTP) Act |
| 1969 | 15 Banks were nationalized (6 others in 1980) |
| 1969 | National Development Council Committee on Backward Areas |
| 1970 | Export Policy Resolution |
| 1970 | The Export Policy Resolution |
| 1971 | NASDAQ |
| 1971 | The GIC Act |
| 1971 | Family Pension Scheme |
| 1972 | The General Insurance Corporation (GIC) Nationalized |
| 1972 | The payment of Gratuity Act |
| 1973 | Code of Criminal Procedure |
| 1975 | Regional Rural Banks |
| 1977 | Accounting Standards Board |
| 1977 | Industrial Policy Statement |
| 1982 | The Export Import (EXIM) Bank (1st January) |
| 1982 | NABARD |
| 1985 | South Asian Association of Regional Cooperation (SAARC- December) |
| 1986 | The Consumer Protection Act |
| 1986 | The Environment Protection Act |
| 1988 | The Securities and Exchange Board of India (established) |
| 1988 | MAOCAR Order |
| 1990 | Over The Counter Exchange of India (OTCEI Incorporated) |
| 1990 | Small Industries Development Bank of India (SIDBI- 27th March delinked from RBI) |
| 1990 | ‘Workers Participation in Management’ Bill introduced in Parliament |
| 1991 | The New (Industrial) Policy (24th July) |
| 1991 | Convertibility of rupee at market rate |
| 1992 | The SEBI Act (1995- also became a Statutory body) |
| 1992 | The Environment Audit (started from) |
| 1993 | Uruguay Round |
| 1994 | The National Stock Exchange (NSE established) |
| 1995 | SAARC Preferential Trading Arrangement (SAPTA- 7th December) |
| 1995 | World Trade Organization (WTO- 1st January established, 1997- Policy Reviewed) |
| 1995 | Employee’s Pension Scheme |
| 1996 | The Depositories Act (20th September) |
| 1996 | Capital Adequacy norms for commercial banks |
| 1999 | The Foreign Exchange Management Act |
| 1999 | Patents (Amended) Act |
| 2002 | The Competition Act |
| 2002 | The Securitization Act |
This material is provided by Ucademic Institute (www.ucademic.in)
comments