Banking Reforms in India
Economics ⇒ Money and Banking
Banking Reforms in India starts at 12 and continues till grade 12.
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Describe the impact of banking reforms on the entry of private sector banks in India.
Describe the impact of banking reforms on the profitability of Indian banks.
Discuss the challenges faced during the implementation of banking reforms in India.
Discuss the role of technology in the post-reform Indian banking sector.
Explain the concept of financial inclusion and its importance in banking reforms.
Explain the concept of Non-Performing Assets (NPAs) and their significance in banking reforms.
Explain the importance of risk management in the post-reform Indian banking sector.
Explain the role of the Reserve Bank of India (RBI) in implementing banking reforms.
Which committee is credited with recommending the first major banking reforms in India in the 1990s? (1) Narasimham Committee (2) Kelkar Committee (3) Rangarajan Committee (4) Tarapore Committee
Which of the following acts was amended to facilitate the entry of foreign banks in India? (1) Banking Regulation Act (2) Companies Act (3) RBI Act (4) Negotiable Instruments Act
Which of the following is a direct result of the reduction in CRR and SLR as per banking reforms? (1) Increased lending capacity of banks (2) Decreased profitability (3) Reduced competition (4) Higher NPAs
Which of the following is NOT a benefit of banking reforms in India? (1) Improved customer service (2) Increased NPAs (3) Enhanced competition (4) Better risk management
Fill in the blank: The ________ Act was amended in 1994 to allow private sector banks to be set up in India.
Fill in the blank: The ________ Act was enacted in 2002 to help banks recover non-performing assets.
Fill in the blank: The ________ Committee recommended the introduction of risk-based supervision in Indian banks.
Fill in the blank: The ________ Committee recommended the setting up of Asset Reconstruction Companies (ARCs) to deal with NPAs.
True or False: Asset classification and income recognition norms were introduced as part of banking reforms.
True or False: The introduction of internet banking was a result of banking reforms in India.
True or False: The introduction of prudential norms was a part of banking reforms in India.
True or False: The introduction of Real Time Gross Settlement (RTGS) system was a part of banking reforms in India.
