Economics · Banking Sector Reforms
Arrange the following developments in banking sector reforms in India in chronological order: A. Introduction of Prudential Norms for Income Recognition and Asset Classification B. Implementation of Basel II norms C. Introduction of Insolvency and Bankruptcy Code (IBC) D. Implementation of Basel III norms
- 1B → A → D → C
- 2A → B → C → D
- 3A → B → D → C✓
- 4A → D → B → C
Correct answer
A → B → D → C
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