Which of the following does not relate to the Banking Sector Reforms in 1991?

Removal / relaxation of credit restrictions for purchase of consumer durables

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Corporate Governance practices in the Banking Sector

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Increase in CRR and SLR

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Implementation of Basel II Framework

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Solution

The correct option is C Increase in CRR and SLR
In the banking sector reforms, the policy of liberalization aim at decreasing the cash reserve ratio and statutory liquidity ratio of the bank so that banks can operate freely on the credit creating process and money supply could restored again in the economy.

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