Liquidity Adjustment Facility (LAF) was introduced by RBI on the basis of the recommendation of the __________ Committee on the reforms in banking…

CA Foundation · Business Economics · PYQS · January 2025
Liquidity Adjustment Facility (LAF) was introduced by RBI on the basis of the recommendation of the __________ Committee on the reforms in banking sector.
(A) A. Tandon
(B) B. Narsimham
(C) C. Chore
(D) D. Basel

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. Narsimham

Topics: Money Market

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