Friends, in today’s post, we are going to tell you about OBC Full Form, what is OBC, History of OBC, if you do not know about it, then today’s post can be very useful for you, friends, in today’s post we will tell you about OBC Caste. Will tell about will tell. Gives complete information about We all often hear about OBC and many people are also aware of this word but many people do not know its full name but all the people need to be aware of its name.
Today we are going to tell you what is OBC, and what it means and which castes come under this category, we will know about all these in detail in today’s post.
OBC full form
Full Form of OBC – Other Backward Classes.
What is OBC Full Form in Caste
OBC is a very popular word, it is also called “Other Backword Class”, many castes come in it. OBC is out of Article 16 4l and 340 of the Constitution of India, where it is compiled under the name of Backward Classes. OBC population is 42% whereas reservation is given to only 27% people. full form of obc
In 1980, the Mandal Commission report found that OBCs accounted for 52% of the country’s population and in the National Sample Survey, by 2006, this figure had dropped to 41%. The Constitution of India describes OBCs as a backward class in the social and educational field. 27% reservation in education in public sector employment. was given to OBCs
Another OBCs is a collective term used by the Government of India to classify socially and educationally disadvantaged castes. It is one of several official classifications of the population of India along with the Scheduled Castes and Scheduled Tribes such as Scheduled Castes and Scheduled Tribes. A 1980 Board Commission report found OBCs to comprise 52% of the country’s population, which had come down to 41% according to the 2006 National Sample Survey Organization.
ST SC OBC full form
As you all know that the full form of SC, ST, and OBC is Scheduled Caste (SC), Scheduled Tribe (ST), and Other Backward Class (OBC).
These categories are created to helping certain tribes and castes and backward classes. Sometimes minorities, such as Muslims, belong to the OBC (M) category. They have the primary benefit of reservation in government jobs, higher education as well as in legislature. Article 16(4) of the Constitution provides for reservation for these Scheduled and Backward Classes. I believe that casteism should end in India and I oppose casteism. If you find any information in this article wrong, please let us know in the comment section.
ST SC OBC Survey
OBC is a collective term used by the Government of India to classify castes that are educationally or socially disadvantaged. A 1980 Mandal Commission report found OBCs to comprise 41% of the country’s population, which had shrunk or increased to 41% in 2006 at the time of the National Sample Survey Organization. There is a lot of debate on the exact number of OBCs in India. . This is considered a big one, but many believe it is very higher than the figures cited by the Mandal Commission or the (NSS) National Sample Survey. full form of obc
Full Form Of OBC Caste
Friends, in the most popular usage, the word OBC means other OBC caste. The word has its roots in Articles 16(4) and 340 of the Constitution of India where the word ‘backward class’ has been used. Backward classes include educationally and socially backward castes and SC/ST and women. Since there are specific provisions for Scheduled Castes and Scheduled Tribes, the remaining class is known as Other Backward Castes/Classes.
The term OBC has become a part of social justice discourse since the implementation of the Mandal Commission report in 1992. The government provided 27% reservation in government services and educational institutions with a creamy layer cap. The term OBC also refers to the Oriental Bank of Commerce which is the premier financial institution of the country. obc full form
History of OBC
It was established in February 1943 by Late Rai Bahadur, Lala Sohan Lal in Lahore Pakistan.
Due to the partition in 1947, branches in Pakistan were closed and the registered office was shifted from Lahore to Amritsar.
Its registered office was shifted to Delhi in 1951. It was nationalized in April 1980.
In 1992, the bank established its Merchant Banking Division.
In 1997, Punjab Cooperative Bank and Bari Doab Bank were merged into OBC. The following year, the bank agreed with Citibank to introduce co-branded credit cards.
In 1999 it set up a Special Branch and Asset Recovery Branch in Mumbai and Delhi.
In 2002 it set up a special branch for women entrepreneurs to share their ATMs and tied up with Corporation Bank.
In 2003 it joined hands with Infosys Technologies and Wipro to implement a Centralized Banking Solution (CBC).
Global Trust Bank was merged in 2004 with OBC. obc full form in hindi
In 2006 the bank signed an MoU with IL&FS Investment Securities to provide an online trading facility to its clients.
In 2007 the bank agreed with Escorts to provide loans to farmers to help them buy tractors.
In 2008, Kotak Mahindra Asset Management Company entered into a distribution agreement.
OBC Caste List in Bihar
The first chairman of the bank, Rai Bahadur Lala Sohan Lal, founded OBC in 1943 in Lahore. Within four years of its existence, OBCs faced a split. The bank had to close its branches in newly formed Pakistan and shift its registered office from Lahore to Amritsar. The then chairman of the bank, Lala Karam Chand Thapar, with a unique gesture, honored the commitments made to the depositors from Pakistan and paid every rupee to their departed customers.
The bank has seen many downs since and ups because of its inception. The period 1970-76 is said to be the most challenging phase in the history of the bank. Profits fell to $175 at one point, prompting the bank’s owner, the Thapar Group, to discontinue the sale of the bank. Then the employees and leaders of the bank came forward to save the bank. obc full form in hindi
The owners were transferred and had to reverse their decision to sell the bank and instead decided to improve the position of the bank with the active cooperation and support of all employees. With his efforts, the bank’s fruits and performance improved significantly. This was a turning point in the history of the bank.
OBC Caste History
The bank was nationalized on 15 April 1980. At that time, OBC was ranked 19th among 20 nationalized banks. In 1997, OBC acquired Bari Doab Bank and Punjab co-cooperative Bank. The acquisition of these two banks brought additional branches. The bank has made progress on several fronts, becoming the seventh-largest public sector bank in India, having crossed the 2 lakh crore business mix mark as of 31 March 2010. obc full form in caste
OBC merged with GTB on 14 August 2004. GTB was a major private sector bank in India that was associated with various financial anomalies due to the moratorium imposed by RBI shortly before its merger with OBC. This acquisition brought with it 103 branches, taking the total number of OBC branches to 1092. It has 2390 branches and 2625 ATMs across India as per Annual Report March 2018 – 2019.
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