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What was the main goal of liberalization in the Indian financial system in 1992-93?
  • a)
    To increase government control over financial institutions.
  • b)
    To reduce competition among financial institutions.
  • c)
    To make the financial system more market-oriented and efficient.
  • d)
    To restrict foreign investments in India.
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
What was the main goal of liberalization in the Indian financial syste...
The main goal of liberalization in the Indian financial system in 1992-93, as per the text, was "to make the financial system more market-oriented and efficient," which involved various reforms and deregulation measures.
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What was the main goal of liberalization in the Indian financial system in 1992-93?a)To increase government control over financial institutions.b)To reduce competition among financial institutions.c)To make the financial system more market-oriented and efficient.d)To restrict foreign investments in India.Correct answer is option 'C'. Can you explain this answer?
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What was the main goal of liberalization in the Indian financial system in 1992-93?a)To increase government control over financial institutions.b)To reduce competition among financial institutions.c)To make the financial system more market-oriented and efficient.d)To restrict foreign investments in India.Correct answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What was the main goal of liberalization in the Indian financial system in 1992-93?a)To increase government control over financial institutions.b)To reduce competition among financial institutions.c)To make the financial system more market-oriented and efficient.d)To restrict foreign investments in India.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What was the main goal of liberalization in the Indian financial system in 1992-93?a)To increase government control over financial institutions.b)To reduce competition among financial institutions.c)To make the financial system more market-oriented and efficient.d)To restrict foreign investments in India.Correct answer is option 'C'. Can you explain this answer?.
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