Indian Institute of Foreign Trade 2011 Solved Paper

Question : 13 of 120

Marks: +1, -0

Identify the correct statement from the following:

Large banks having an international presence should not be engaged in universal banking.
Some people expect all banks to become global in coming years, in line with globalization.
Indian banking system has not consolidated as was foreseen by the Narasimham Committee
Reserve Bank of India envisages the role of a facilitator for itself in the direction of bank consolidation.

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