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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


Team Careers360 8th Jan, 2024
Answer (1)
Team Careers360 15th Jan, 2024

Correct Answer: All of the above


Solution : Following are involved in ease of expansion process of financial sector reforms.

  1. Change role of RBI from regulator to facilitator
  2. Origin of private sector banks
  3. Increasing limit of foreign investment.
  4. Ease in expansion process i.e., setting up of new branch without approval of RBI.

Hence Option A is correct.

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