Economics · Economy
Consider the following features regarding the financial sector reforms initiated in India in the early 1990s: A. They aimed to deregulate interest rates to promote market efficiency. B. They phase-wise reduced the statutory preemptions like CRR and SLR rather than expanding directed credit. C. They permitted the entry of new private sector banks to enhance competition. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1A, B and C
- 2B and C only
- 3A and C only✓
- 4A and B only
Correct answer
A and C only
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Economy MCQs →Want more practice questions on Economy?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Economy