General Knowledge - Indian Economy - Discussion

Discussion :: Indian Economy - Indian Economy (Q.No.29)


In pursuance with the recommendations of Narsimhan Committee, the RBI has framed new guidelines

[A]. to govern entry of new private sector banks to make the banking sector more competitive
[B]. to reduce the freedom given to banks to rationalize their existing branch network
[C]. to setup more foreign exchange banks
[D]. to lend more easily for industrial development

Answer: Option A


No answer description available for this question.

Sanyam said: (Dec 15, 2012)  
Narasimham Committee on Banking Sector Reforms

committee 1 - 1991.
committee 2 - 1998.

Kumar said: (Jan 31, 2014)  
The risk weight for a Government guaranteed advance should be the same as for other advances. To ensure that banks do not suddenly face difficulties in meeting the capital adequacy requirement, the new prescription on risk weight for Government guaranteed advances should be made prospective from the time the new prescription is put in place.

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