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Q.

Which of the following is/was not included in the agenda set for the banking reforms in India?

[A] Dismantling of administered interest rates
[B] Measures to strengthen risk management
[C] Promulgation of Sarfaesi Act.
[D] Promotion of the concept of easy credit to all with a guaranteed subsidy from the government
[E] Granting of operational autonomy to public sector banks and allowing them to raise capital from the open market

Answer & Explanation

Answer: Option [D]

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