A) Role of RBI shifted from regulator to facilitator of financial institutions.
B) Foreign investment limit in banks was raised to around 70 percent.
C) Foreign Institutional Investors (Flls) are now allowed to invest in Indian financial markets.
D) Banks can set up new branches without the approval of RBI provided they fulfil certain conditions
Correct Answer: B
Solution :
Foreign investment limit in banks was raised to around 50 per cent under the financial sector reform measures.You need to login to perform this action.
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