BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Efficiency and productivity
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Banking reform process
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Export of IT sector
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Fiscal Reform process
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Detailed explanation-1: -The Narasimham-II Committee was tasked with the progress review of the implementation of the banking reforms since 1992 with the aim of further strengthening the financial institutions of India. It focussed on issues like size of banks and capital adequacy ratio among other things.
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: -What are the recommendations of the Narasimham Committee? The recommendations of the Narasimham Committee advised forming three large banks with an international presence, eight to ten national banks, and a significant number of regional and small banks in India.