Question

Briefly explain the financial sector reforms ​

Answer 1

Answer:

The financial sector reforms refer to steps taken to reform the banking system, capital market, government debt market, foreign exchange market etc. An efficient financial sector is necessary for the mobilization of households savings and to ensure their proper utilisation in productive sectors

Answer 2

Answer:

The financial sector reforms refer to steps taken to reform the banking system, capital market, government debt market, foreign exchange market etc. An efficient financial sector is necessary for the mobilization of households savings and to ensure their proper utilisation in productive sectors.

Explanation:

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