Question

Financial sector reform do not
include
O(1) Allow private banks to
function
O(2) Allowing foreign
institutional investment
in financial sector
(3) Ending the role of RBI
completely as a regulator
of financial sector
O(4) Giving certain managerial​

Answer 1

From the given question the correct answer is

(4) Giving certain managerial​

Financial sector reform do not  include Giving certain managerial​.

Answer 2

The financial sector do not include ending the role of RBI completely as a regulator of the financial sector

Explanation:

• Financial sector reforms include the allowance of private banks to come into the role to function.

• They also include removing the restrictions and allowing foreign institutional investors to invest in the financial sector of India.

• But it does not include cessation of the role of RBI as a financial sector regulator.

• Hence no. (3) is the correct option.