BANK SBI PO Mock Test Series 2025 (Pre + Mains) Banking and Financial Awareness Banking Committees and Recommendations
Which among the following is correct regarding the recommendations of the Narsimhan Committee-I in 1991?
1
It recommended that the interest rates should be decided by market forces rather than the RBI
2
It recommended reduction of Cash Reserve Ratio and Statutory Liquidity Ratio in the banking system
3
The Directed Credit Program was recommended to be discontinued with
4
Establishment of the Asset Reconstruction Fund to take care of the NPAs in banks
5
All the above