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Start learning 50% faster. Sign in nowThe 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.
In each of the questions below, a sentence is given with two blanks that indicate that some parts are missing. Identify the correct pair of words that ...
Fill in the blank with the most appropriate word.
No wonder the burglars are at large. The police is in ______ with them.
As the storm approached, residents were urged to ____________ their homes and take shelter to ensure their safety.
I would say mine was a very secure childhood, _________ materially and emotionally.
The _________ today was quite engaging and full of twists.
The shoes that Shweta was wearing did not ________ with her dr...
You must reach the theatre a little early,________you will not get a seat.
After months of hard work, the team finally saw their efforts come to fruition when the project was completed and they were able to _______.