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Abstract A merger of banks is not a new phenomenon but lately, it has received significant attention in the banking sector. A successful merger of various banks in India, and elsewhere, has attracted the attention of the scholars in the field. The rationale behind such mergers has been hotly debated, and the moot point question remains whether bank merging is good for the economy as a whole. Against this backdrop, this paper attempts to analyze the 'for' & 'against' views on the issue and concludes that the mergers of banks in India positively affects the health of the banking sector & ultimately is helpful to the Indian economy. We argue that the merger of banks brought synergy in the operations of the banking sector primarily in terms of customer reach. In addition, it also provides economies of scale, even though the management change remains a challenge. Similarly, amalgamations also bring relief for the Reserve Bank of India (RBI). RBI can better concentrate its efforts on the supervision of niche banks and assist the government in greater economic and policy issues.

India has one of the most extensive educational systems in the world, with programmes ranging from early childhood education through higher education. Adult education, which aims to eliminate illiteracy primarily among people aged 15 to 35, non-formal education, which aims to supplement efforts to universalize basic education, and vocational education, which aims to diversify education at the plus 2 and plus 3 levels, are also included. Pre-primary, primary, secondary, and post-secondary education is all available at the school level. In the hierarchy of education, the school education component is the largest in terms of numbers. Education's value at this stage is clearly justified in terms of the fairness it fosters, the better rates of return it provides, the role it plays in enhancing agricultural output, and the influence it has on reducing fertility and so slowing population increase. On the other hand, education at the school level is important. It improves the health of the entire family. The benefits of school education are passed down from generation to generation. School education has become a vital priority for all nations' growth. Literacy is an essential basic skill for improving access to information in a world dominated by print media and a crucial condition for promoting meaningful involvement in any democratic process. Hence, all democratic nations strive to cultivate literate societies. School education entails not only the transmission of formal knowledge but also the development of desired habits, values, behaviour, and character patterns in children, as well as knowledge, social attitudes, understanding, interest, and a dynamic personality.