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Question

Committee, launched the process of reforms of financial system in India __________________.

A
Gadgil committee
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B
Nariman committee
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C
Narasimham committee
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D
khanna Committee
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Solution

The correct option is C Narasimham committee
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.

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