Economics · Banking Sector Reforms
The Narasimham Committee-I (1991) primarily recommended which of the following reforms?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Complete expansion and nationalization of Regional Rural Banks
- 2Maintaining a strictly fixed and pegged exchange-rate regime
- 3Full privatization of all public sector commercial banks
- 4Deregulation of interest rates, phased reduction of SLR and CRR, and introduction of prudential norms✓
Correct answer
Deregulation of interest rates, phased reduction of SLR and CRR, and introduction of prudential norms
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