Question

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: (a).to govern entry of new private sector banks to make the banking sector more competitive

Interact with the Community - Share Your Thoughts

Uncertain About the Answer? Seek Clarification Here.

Understand the Explanation? Include it Here.

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

Similar Questions

Explore Relevant Multiple Choice Questions (MCQs)

Q. Which of the following is the first Indian private company to sign an accord with Government of Myanmar for oil exploration in two offshore blocks in that country?

Q. Non Tax revenues can be increased by improving the working of the

Q. Which of the following is not viewed as a national debt?

Q. The condition of indirect taxes in the country's revenue is approximately

Q. Deficit financing means that the government borrows money from the

Q. Revenue of the state governments are raised from the following sources, except

Q. Since the inception of the co-operative movement, rural credits has been

Q. If an economy is equilibrium at the point where plans to save and to invest are equal, then government expenditure must be

Q. The co-operative credit societies have a

Q. Regional rural banks have limited area of operation have free access to liberal refinance facilities from NABARD are required to lend only to weaker sections

Q. The Board of Industrial and Financial Reconstruction (BIFR) came into existence in

Q. The current price index (base 1960) is nearly 330. This means that

Q. Notes on which denomination has the portrait of Mahatma Gandhi printed on them?

Q. Devaluation of currency will be more beneficial if

Q. Of the gross tax revenue of the Union Government the indirect taxes account for nearly

Q. The banks are required to maintain a certain ratio between their cash in the hand and totals assets. This is called

Q. Reserve Bank of India was nationalized in the year

Q. In India, rural incomes are generally lower than the urban incomes, which of the following reasons account for this?
I. A large number of farmers are illiterate and know little about scientific agriculture
II. Prices of primary products are lower than those of manufactured products
III. Investment in agriculture has been low when compared to investment in industry

Q. National Agricultural Insurance Scheme replacing Comprehensive Crop Insurance Scheme was introduced in the year

Q. If the fiscal deficit of the Union Government is Rs. 75,000 crores relending to State is Rs. 25,000 crores, interest payments are Rs. 25,000 crores, what is the amount of the primary deficit?

Recommended Subjects

Are you eager to expand your knowledge beyond General Knowledge? We've handpicked a range of related categories that you might find intriguing.

Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!