Indian Economy
The co-operative credit societies have a

four-tier structure
three-tier structure
two-tier structure
five-tier structure

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Indian Economy
Deficit financing implies

printing new currency notes
public revenue in excess of public expenditure
none of the listed here
public expenditure in excess of public revenue

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

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
to govern entry of new private sector banks to make the banking sector more competitive

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