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Narasimham Committee Report 1991 was related to which of the following ?

AAgriculture Reforms

BTrade Reforms

CTax Reforms

DFinancial Sector reforms

Answer:

D. Financial Sector reforms

Read Explanation:

In 1991 The Reserve Bank of India had proposed the committee chaired by M. Narasimham, former RBI Governor to review the Financial System and aspects relating to the Structure, Organization, Procedures and Functioning of the financial system. Committee submitted two reports, in 1992 and 1998, which laid significant thrust on enhancing the efficiency and viability of the banking sector. The Narasimham Committee laid the foundation for the reformation of the Indian banking sector.

Related Questions:

The main objective of the New Economic Policy (NEP) of India (1991)

  1. i. To bring down poverty and unemployment.
  2. To bring down the rate of inflation and remove imbalances in payment.
  3. To move towards a higher economic growth rate and build sufficient foreign exchangereserves.
  4. To plunge the Indian economy into the arena of Globalization and to give it a newthrust on market orientation.

Which of the above statements are not correct ? 

 

ഇന്ത്യയിൽ പുത്തൻ സാമ്പത്തിക പരിഷ്കാരങ്ങൾ ആരംഭിച്ചത് ഏത് പ്രധാനമന്ത്രിയുടെ കാലത്താണ് ?
What is globalization's impact on economic liberalization?
How did the LPG reforms impact India's fiscal policies and government spending?

In which of the following Industrial policies were the major changes introduced ?

  • Liberalisation of licensed capacity.
  • Relaxation of industrial licensing.
  • Industrialisation of backward areas.

Select the correct answer using the codes given below