Question

Which of the following is not part of Banking Sector Reforms in 1991?

• A. Administered Interest Rate Structure
• B. Reduction in CRR and SLR
• C. Participation of Private Sector
• D. All of the above

Answer 1

The correct option is A Administered Interest Rate Structure

In 1991, banking sector reforms where taken but there was no change in the interest structure of the economy as it was to eradicate economic crisis and not the individual crisis.