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Babita • 7.70K Points
Tutor III Economic 

Q. 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
Correct Answer - Option(A)

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