Question

write any two recommendations by recommended by the first narsimham commitee? ? ?​

Answer 1

Answer:

The Committee recommended for merger of large Indian banks to make them strong enough for supporting international trade.It recommended a three tier banking structure in India through establishment of three large banks with international presence, eight to ten national banks and a large number of regional and local banks.

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Answer 2

Explanation:

Reduction in the Statutory Liquidity Ratio (SLR) and Cash Reserve Ratio (CRR): The Narasimham Committee had recommended bringing down the statutory pre-emptions such as SLR and CRR. It recommended that SLR should be reduced to 25% over the period of time and CRR should be reduced to 10% over the period of time.