Economics · Banking Sector Reforms
Which of the following statements about the Second Phase of Banking Sector Reforms (Narasimham Committee-II) are correct? 1. The reforms emphasized the phased implementation of international best practices to reduce banking system risk. 2. The focus areas of the reforms included NPAs, capital adequacy, and prudential norms. 3. The reforms recommended the immediate privatization of all public sector banks in India.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 11, 2, and 3
- 21 and 3 only
- 32 and 3 only
- 41 and 2 only✓
Correct answer
1 and 2 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 Banking Sector Reforms MCQs →Want more practice questions on Banking Sector Reforms?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Banking Sector Reforms