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Previous year MCQs
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Economy
UPPSC 2014 GS-I
Question
The Bimal Jalan Panel was set up by Reserve Bank of India to:
A)
Suggest to minimise the non-performing Asset
B)
Scrutinize application for new bank licences
C)
If Frame guidelines for financial inclusion
D)
Study use of mobiles in delivering banking services
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Answer & Solution
Answer:
(Detailed Solution Below)
Option B:
Scrutinize application for new bank licences
Detailed Solution:
The correct answer is
“Scrutinize application for new bank licences”.
The Bimal Jalan Panel was set up by the Reserve Bank of India to scrutinize applications for new bank licenses.
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