Indian Economy
If all the banks in an economy are nationalized and converted into a monopoly bank, the total deposits

None of the listed here
will increase
will decrease
will neither increase nor decrease

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Indian Economy
In pursuance with the recommendations of Narsimham Committee, the RBI has framed new guidelines

to govern entry of new private sector banks to make the banking sector more competitive
to lend more easily for industrial development
to reduce the freedom given to banks to rationalize their existing branch network
to setup more foreign exchange banks

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