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In the final phase starting in the nineties, the Government set up the Narasimham Committee to manage the major reforms in the banking sector. Which of the following is not the recommendation made by the Narasimhan Committee?
  • a)
    Regulation of Interest Rates
  • b)
    Reduction of CRR
  • c)
    Reduction of SLR
  • d)
    Opening of the sector to the private and foreign players
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
In the final phase starting in the nineties, the Government set up the...
  • In the final phase starting in the nineties, the Government set up the Narasimham Committee to manage the major reforms in the banking sector. During the period, RBI gave out licenses to open private sector banks in the country. Few private sector banks during this period have emerged amongst the biggest banks in the country.
  • As per the recommendations of the Narasimhan Committee, the Banking Sector introduced various reforms including the opening of the sector to private and the foreign players, deregulation of interest rates, reduction of the Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR).
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In the final phase starting in the nineties, the Government set up the Narasimham Committee to manage the major reforms in the banking sector. Which of the following is not the recommendation made by the Narasimhan Committee?a)Regulation of Interest Ratesb)Reduction of CRRc)Reduction of SLRd)Opening of the sector to the private and foreign playersCorrect answer is option 'A'. Can you explain this answer?
Question Description
In the final phase starting in the nineties, the Government set up the Narasimham Committee to manage the major reforms in the banking sector. Which of the following is not the recommendation made by the Narasimhan Committee?a)Regulation of Interest Ratesb)Reduction of CRRc)Reduction of SLRd)Opening of the sector to the private and foreign playersCorrect answer is option 'A'. Can you explain this answer? for Banking Exams 2024 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about In the final phase starting in the nineties, the Government set up the Narasimham Committee to manage the major reforms in the banking sector. Which of the following is not the recommendation made by the Narasimhan Committee?a)Regulation of Interest Ratesb)Reduction of CRRc)Reduction of SLRd)Opening of the sector to the private and foreign playersCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Banking Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In the final phase starting in the nineties, the Government set up the Narasimham Committee to manage the major reforms in the banking sector. Which of the following is not the recommendation made by the Narasimhan Committee?a)Regulation of Interest Ratesb)Reduction of CRRc)Reduction of SLRd)Opening of the sector to the private and foreign playersCorrect answer is option 'A'. Can you explain this answer?.
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