1 p
18. Liberalisation of the economy under the new
economic policy changed the role of RBI in the
economy: *
from a 'regulator' to 'facilitator' of the financial sector
O from a 'controller' to 'manager' of the government debt
O both (a) and (b)
none of these
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Answer:
From regulator to facilitator of financial sector
Explanation:
The greater autonomy may be granted to the financial sector in taking decisions on various matters without consulting the RBI
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