Question

Consider the following recommendations:

1.RBI should target only on reducing inflation and use only a single instrument to keep inflation under control;

2.Foreign investors should be allowed to invest in government bond market;

3.Government should sell small under-performing public sector banks;

4.Banks should be allowed to open branches and ATMs everywhere without restrictions.

Which of the above are among the draft recommendations of the RaghuramRajan Committee on Financial Sector Reforms?

• A. 1,2 and 3
• B. 2 and 3
• C. 1,3 and 4
• D. none

Answer 1

The correct option is A

1,2 and 3

Option : (A)