In pursuance with the recommendations of Narsimham Committee, the RBI has framed new guidelines

o reduce the freedom given to banks to rationalize their existing branch network

o govern entry of new private sector banks to make the banking sector more competitive

o setup more foreign exchange banks

o lend more easily for industrial development

In pursuance with the recommendations of Narsimham Committee, the RBI

1.	In pursuance with the recommendations of Narsimham Committee, the RBI has framed new guidelines
A.	o govern entry of new private sector banks to make the banking sector more competitive
B.	o reduce the freedom given to banks to rationalize their existing branch network
C.	o setup more foreign exchange banks
D.	o lend more easily for industrial development
Answer» B. o reduce the freedom given to banks to rationalize their existing branch network