Which of the following is not used by RBI to promote commercial banking ?
Non compulsory liquidation of weak banks is not a measure for promoting commercial banking. Amalgamation with stronger banks can preserve banking services, while wider…
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Which of the following is not used by RBI to promote commercial banking ?
Answer and explanation
Correct answer A
Non compulsory liquidation of weak banks is not a measure for promoting commercial banking. Amalgamation with stronger banks can preserve banking services, while wider geographical access and functional coverage expand banking activity. Liquidation instead closes the institution concerned.
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Jammu & Kashmir and Ladakh SET (JKSET/LASET)