Which of the following was NOT the focus of the monetary and financial sector reforms?

CA Foundation · Business Economics · PYQS · September 2025
Which of the following was NOT the focus of the monetary and financial sector reforms?
(A) A. Reducing the burden of non-performing assets on government banks.
(B) B. Restricting foreign investment in banks.
(C) C. Introducing and sustaining competition.
(D) D. Deregulating interest rates.

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. Restricting foreign investment in banks.

Topics: Indian Economy

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