The Narasimham Committee for Financial Sector Reforms has suggested reduction in
Options
(a)SLR and CRR
(b)SLR, CRR and Priority Sector Financing
(c)SLR and Financing to capital goods sector
(d)CRR, Priority Sector Financing and Financing to capital goods sector
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Class 11Liberalisation, Privatisation and Globalisation: An Appraisal— NCERT Economics, Chapter 3. In 1991 India faced an external debt crisis: foreign exchange reserves fell below two weeks of imports, prices rose, and no one would lend. Rooted in the fiscal and…
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