Economics · Economy

Which of the following reforms was introduced in the Indian banking system following the recommendations of the Narasimham Committee (Committee on Financial System) in the 1990s?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Further nationalization of major private banks
2Introduction of Capital Adequacy Ratio (CAR) norms based on risk-weighted assets✓
3Increasing the Priority Sector Lending (PSL) target to 50%
4Raising the Statutory Liquidity Ratio (SLR) to 40%

Correct answer

Introduction of Capital Adequacy Ratio (CAR) norms based on risk-weighted assets

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