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Lok Sabha passed the Bankers Books Evidence Bill 2026 moved by Finance Minister Nirmala Sitharaman repealing the 1891 Act.
The Bill legally recognises digital electronic and cloud based bank records as admissible evidence in courts modernising financial laws. Amid opposition protests the House was adjourned until tomorrow at 11 AM.
Q2. Consider the following statements regarding Sir Pherozeshah Mehta:
I. He was appointed as the first Municipal Commissioner of Bombay under the Municipal Corporation Act of 1865.
II. He is widely regarded as the "Lion of Bombay" and drafted the Bombay Municipal Act of 1872, which gave the citizens of Bombay a form of representative local government.
III. He served as the President of the Indian National Congress during its historic 1907 Surat split session, where he aggressively sidelined the Extremist faction.
