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Which of the following statements is/are correct about recommendations of Narasimham Committee on banking sector reforms (Narasimham II)?
  • a)
    Greater autonomy for public sector banks
  • b)
    Segregation of role of RBI as regulator as well as owner of banks
  • c)
    Merger of large Indian banks
  • d)
    A minimum start-up capital of $25 million to foreign banks seeking to set up business in India
  • e)
    All are correct.
Correct answer is option 'E'. Can you explain this answer?
Most Upvoted Answer
Which of the following statements is/are correct about recommendation...
Narsimham Committee-II submitted its set of recommendations in 1998. Tasked with progress review of implementation of banking reforms since 1992 and to further strengthen financial institutions in India, it recommended greater autonomy for public sector banks, segregation of role of RBI as regulator as well as owner of banks, merger of large Indian banks, a minimum start-up capital of $25 million as against $10 million to foreign banks seeking to set up business in India, etc.
These recommendations not only helped unleash the potential of banking in India but are also recognised as a factor towards minimising the impact of global financial crisis.
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Which of the following statements is/are correct about recommendations of Narasimham Committee on banking sector reforms (Narasimham II)?a)Greater autonomy for public sector banksb)Segregation of role of RBI as regulator as well as owner of banksc)Merger of large Indian banksd)A minimum start-up capital of $25 million to foreign banks seeking to set up business in Indiae)All are correct.Correct answer is option 'E'. Can you explain this answer?
Question Description
Which of the following statements is/are correct about recommendations of Narasimham Committee on banking sector reforms (Narasimham II)?a)Greater autonomy for public sector banksb)Segregation of role of RBI as regulator as well as owner of banksc)Merger of large Indian banksd)A minimum start-up capital of $25 million to foreign banks seeking to set up business in Indiae)All are correct.Correct answer is option 'E'. Can you explain this answer? for Banking Exams 2025 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Which of the following statements is/are correct about recommendations of Narasimham Committee on banking sector reforms (Narasimham II)?a)Greater autonomy for public sector banksb)Segregation of role of RBI as regulator as well as owner of banksc)Merger of large Indian banksd)A minimum start-up capital of $25 million to foreign banks seeking to set up business in Indiae)All are correct.Correct answer is option 'E'. Can you explain this answer? covers all topics & solutions for Banking Exams 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following statements is/are correct about recommendations of Narasimham Committee on banking sector reforms (Narasimham II)?a)Greater autonomy for public sector banksb)Segregation of role of RBI as regulator as well as owner of banksc)Merger of large Indian banksd)A minimum start-up capital of $25 million to foreign banks seeking to set up business in Indiae)All are correct.Correct answer is option 'E'. Can you explain this answer?.
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