Question

How is RBI controlling the commercial banks?

Solution

RBI is the Central Bank of India. It controls the commercial banks in various ways. It grants permission for banking activity It frames the policies regarding interest rate, volume of lendihg and safeguards the interests of account holders.

Some More Questions From Liberalisation, Privatisation And Globalisation : An Appraisal Chapter

When was WTO founded?

What is liberalisation?

What is privatisation?

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Liberalisation, Privatisation And Globalisation : An Appraisal

How is RBI controlling the commercial banks?

Some More Questions From Liberalisation, Privatisation And Globalisation : An Appraisal Chapter

When was WTO founded?

What is liberalisation?

What is privatisation?

What is the meaning of globalisation?

Why did the New Economic Policy emphasize a shift towards private sector?

Why was the rate of growth of private sector industries slow before 1991?

What were the reasons behind incompetence of many Indian products and industries before 1991?

Before 1991 why did India face a serious balance of payment problem?

What was the main objective of delicensing?

Before 1991, MRTP Act inhibited the growth of industries. How?

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