History of Banking Reforms in India

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What was the primary objective of Sukhmoy Chakravarty Committee formed in 1982?

to form guidelines for opening of Private Sector Banks

to consider merging of all cooperative banks

to assess the functioning of the Indian Monetary system

None of the above

In which year did the Vaghul committee submitted its report?

1991

1987

1992

1990

What was the maximum limit of Statutory Liquidity Ratio had Narasimham Committee recommended?

25%

20%

15%

18%

When was the Banking Ombudsman scheme first introduced in India?

1995

1998

1999

2001

When was the process of introducing computerization in all branches of banks began in 1993?

1991

1992

1993

1994