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

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

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

to setup more foreign exchange banks

to lend more easily for industrial development

In pursuance with the recommendations of Narsimhan Committee, the R

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