Question

Explain in brief the Liberalisation reforms introduced in the financial sector.​

Answer 1

Answer:

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Reform of the financial sector was recognized, from the very beginning, as an integral part of the economic reforms initiated in 1991. ... Major aims of the financial sector reforms are to allocate the resources proficiently, increasing the return on investment and hastened growth of the real sectors in the economy.

Answer 2

Reform of the financial sector was recognized, from the very beginning, as an integral part of the economic reforms initiated in 1991. Major aims of the financial sector reforms are to allocate the resources proficiently, increasing the return on investment and hastened growth of the real sectors in the economy.