Discussion :: Indian Economy
- In pursuance with the recommendations of Narsimham 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 |
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Answer : Option A
Explanation :
In pursuance with the recommendations of Narsimham Committee, the RBI has framed new guidelines to govern entry of new private sector banks to make the banking sector more competitive.
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