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Banking Awareness (Practice Test)
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Which of the following recommendations were submitted by Narasimham Committee?
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A
All of the above
💡 Explanation:
The Narasimham Committee (1991 and 1998) made comprehensive recommendations for banking sector reforms in India. These included reducing CRR (Cash Reserve Ratio) and SLR (Statutory Liquidity Ratio), deregulating interest rates, and introducing prudential norms for asset classification and income recognition. All these reforms were aimed at modernizing Indian banking.