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

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

ANSWER DOWNLOAD EXAMIANS APP

Indian Economy
Subsidies mean

payment made by the government to business enterprises, without buying any goods and services
payment made by companies to shareholders
payment made by business enterprises to factors of production
payment by government for purchase of goods and services

ANSWER DOWNLOAD EXAMIANS APP

Indian Economy
Deficit financing implies

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

ANSWER DOWNLOAD EXAMIANS APP