The Narasimham Committee-I was set-up to suggest some recommendations for improvement in the

BANKING GENERAL KNOWLEDGE

Please wait while the activity loads.
If this activity does not load, try refreshing your browser. Also, this page requires javascript. Please visit using a browser with javascript enabled.

If loading fails, click here to try again

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	efficiency and productivity of the financial institution
B	banking reform process
C	export of IT sector
D	fiscal reform process

Explanation:

Detailed explanation-1: -Accordingly, they suggested reducing SLR rates from 38.5% to 25% and CRR from 15% to 3-5%. The Government of India implemented credit programmes that compelled banks to set aside funds for the needy and poor sectors at decreased rates.

Detailed explanation-2: -Answer: The objective of the Narasimham Committee was to read all the points that relate to the structure, role, organization, and method of the banking systems and to suggest to them how to improve very efficiently.

Detailed explanation-3: -The Narasimham committee (1991) proposed a significant reduction in the number of public sector banks through mergers and acquisitions to increase efficiency in banking operations. Three or four large banks, including SBI, should take on an international flavor.

There is 1 question to complete.