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The Narasimham-II Committee was tasked with the progress review of the implementation of the banking reforms since 1992 with the aim of further strengthening the financial institutions of India. It focussed on issues like size of banks and capital adequacy ratio among other things. First Narasimhan Committee (Committee on the Financial System – CFS) was appointed by Manmohan Singh as India's Finance Minister on 14 August 1991, and the second one (Committee on Banking Sector Reforms) was appointed by P.Chidambaram as Finance Minister in December 1997. With amalgamation announcement, the government is moving closer to implementing the Narasimham Committee (1998) recommendation on structural reforms. The committee recommended the merger of Indian banks as it will have a "multiplier effect" on the economy. The Government of India has majority stakes in 21 public sector banks and owns more than two-thirds of banking assets in India. Having several government-owned Banks, doing the same business, and competing for same customers is not sensible. It also meant a lower return on the capital employed by the government which has competing demands for funds, and growing competition.
The marks scored by a boy in three subjects are in the ratio 2 : 3 : 5. Boy scored an overall aggregate of 60% in the exam. If the maximum marks in each...
Monthly income of P is Rs.16000 and his monthly savings is Rs.10500. If his monthly income is decreased by 25% and monthly expenditure is decreased by 1...
Bella scored 20% marks in a test and failed by 75 marks, whereas Tara scored 40% marks in the same test and failed by 25 marks. Find the passing marks o...
The total strength of school A is 40% more than that of school B. In school A and B, out of total number of students, 10% and 30% respectively are girls...
A number when reduced by 35% gives 195. Find the number?
P spends 26% of his salary on transportation, 24% on food, 22% on children’s education and 19% on medical. He deposits the remaining amount of Rs....
The total strength of school A is 40% more than that of school B. In school A and B, out of total number of students, 25% and 40% respectively are girls...
A man spent 50% of his income in May. If his savings is increased by 30% in June and becomes Rs. 9100, then find the income of man in May.
A person spent 22% of his monthly income on food and 77% of the remaining on rent. If amount spent on rent is Rs 600.6, then find the amount spent on fo...
A student multiplied a number by 3/5 instead of 5/3, What is the percentage error in the calculation ?
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