In pursuance with the recommendations of Narasimhan Committee, the RBI has framed new guidelines Options: A . &nbspto govern entry of new private sector banks to make the banking sector more competitive B . &nbspto reduce the freedom given to banks to rationalize their existing branch network C . &nbspto setup more foreign exchange banks D . &nbspto lend more easily for industrial development

In pursuance with the recommendations of Narasimhan Committee, the RBI has fram

Question

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

Options:

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

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