Economics · Banking Sector Reforms
Consider the following statements regarding the Narasimham Committee on Banking Sector Reforms: 1. The committee is formally known as the Committee on Banking Sector Reforms (1998). 2. The committee advocated for the entry and licensing of new private and foreign banks. 3. The committee suggested relying solely on the Cash Reserve Ratio (CRR) as the principal tool for long-term liquidity management. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 2Only 2 and 3
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- 4Only 1 and 3
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Only 1 and 2
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