MCQOPTIONS
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| 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 | |