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General Knowledge - Indian Economy - Discussion

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

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

to govern entry of new private sector banks to make the banking sector more competitive
to reduce the freedom given to banks to rationalize their existing branch network
to setup more foreign exchange banks
to lend more easily for industrial development
Answer: Option
Explanation:
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Discussion:
2 comments Page 1 of 1.
Sanyam said:   1 decade ago
Narasimham Committee on Banking Sector Reforms

committee 1 - 1991.
committee 2 - 1998.
Kumar said:   1 decade ago
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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