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In pursuance with the recommendations of Narsimhan Committee, the RBI has framed new guidelines | |
A. | to govern entry of new private sector banks to make the banking sector more competitive [Correct Answer] |
B. | to reduce the freedom given to banks to rationalize their existing branch network [Wrong Answer] |
C. | to setup more foreign exchange banks [Wrong Answer] |
D. | to lend more easily for industrial development [Wrong Answer] |