Question : Which of the following are the steps taken under ease of expansion process of financial sector reforms?
Option 1: Change role of RBI from facilitator to regulator
Option 2: Origin of private sector banks
Option 3: Increasing limit of foreign investment.
Option 4: All of the above
Answer (1)
15th Jan, 2024
Correct Answer: All of the above
Solution : Following are involved in ease of expansion process of financial sector reforms.
- Change role of RBI from regulator to facilitator
- Origin of private sector banks
- Increasing limit of foreign investment.
- Ease in expansion process i.e., setting up of new branch without approval of RBI.
Hence Option A is correct.
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