Multiple choice

Directions: Choose the correct option for the given question.

Narsimham committee recommended to make banking structure of the country

  1. Two tier

  2. Three tier

  3. Four tier

  4. Five tier
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The Narasimham Committee (1991 and 1998) recommended a four-tier banking structure consisting of: (1) 3-4 large banks with international presence, (2) 8-10 national banks, (3) regional banks, and (4) local rural banks. This was aimed at strengthening the banking system.

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