📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    âš¡ Month End Offer - Flat 52% Off On All Courses! Enroll Now âš¡
    00:00:00 AM Left

    Question

    Which of the following Committee in the late 1990s

    recommended consolidation through a process of merging strong banks?
    A Narasimham Committee Correct Answer Incorrect Answer
    B Santalam Committee Correct Answer Incorrect Answer
    C Kelkar Committee Correct Answer Incorrect Answer
    D None of these Correct Answer Incorrect Answer

    Solution

    It was the Narasimham Committee in the late 1990s that recommended consolidation through a process of merging strong banks. There are too many banks in India with sizes that are minuscule by global standards with their growth constricted by their inability to expand.

    Practice Next
    More Previous Year Paper Questions

    Relevant for Exams:

    ask-question