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UPSC CSE Prelims Financial Sector Reforms, Basel Norms & Regulatory Frameworks Flashcards

Master 13 financial sector reforms, basel norms & regulatory frameworks concepts for the UPSC CSE Prelims.

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Question

Which of the following was a primary recommendation of the Narasimham Committee I (1991) on the financial system?

Question

Consider the following statements regarding the Narasimham Committee II (1998) on Banking Sector Reforms:

  1. It recommended the merger of strong banks to create mega-banks.
  2. It suggested raising the Capital Adequacy Ratio (CAR) to 10%. Which of the statements given above is/are correct?

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Monetary Policy Tools12Banking System & Norms11Money Supply, Currency & Digital Payments11RBI Structure & Functions10Financial Markets & Capital Markets12NBFCs & Microfinance Regulation7Insolvency & Bankruptcy Code (IBC) Framework8

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