This article does not . cite any sources (December 2009)
Events in the year
1985 in the Republic of India.
Incumbents [ edit ]
10 April – Chakravarty Committee was set up by the RBI to review the working of monetary system. Its recommendations had far reaching consequences eventually removing India from the 500-year old
silver standard 23 June –
Air India Flight 182, a Boeing 747, blows up 31,000 feet (9,500 m) above the Atlantic Ocean, south of Ireland, killing all 329 aboard. By mid-1985, the statutory preemption on banks' resources in the form of the Statutory Liquidity Ratio and the Cash Reserve Ratio exceeded 45%.
Narcotic Drugs and Psychotropic Substances Act is passed by Parliament. The Administrative tribunals in Delhi, Mumbai, Calcutta and Allahabad were established by Administrative Tribunals Act, 1985.
Special Protection Group is created.
Indira Gandhi National Open University is established by an Act of Indian Parliament.
Terrorist and Disruptive Activities (Prevention) Act (TADA) is passed by parliament.
Texas Instruments, a Multinational corporation, starts its India operations in Bangalore and helps create infrastructure to export software via satellite communications from India for the first time.
See also [ edit ]