How to improve financial sector in India 1 Creation of an efficient productive and profitable financ...........

Finance (Phase -I & II) Banking and Financial system in India

How to improve financial sector in India ?

1. Creation of an efficient, productive and profitable financialsector.

2. Removal of the erstwhile existing financialrepression.

3. Enabling the process of price discovery by the market determination of interest rates that improves allocate efficiency ofresources.

4. Providing operational and functional autonomy toinstitution.

1 and 3

2, 3 and 4

1,2 and 3

All of the above

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Explanation:

Solutions to improve financial sector in India-
. Creation of an efficient, productive and profitable financialsector.
. Removal of the erstwhile existing financialrepression
. Enabling the process of price discovery by the market determination of interest rates that improves allocate efficiency ofresources.
. Providing operational and functional autonomy toinstitution.
. Preparing the financial system for increasing internationalcompetition.
. Promoting financial stability in the wake of domestic and externalshocks.
. Strengthening the foundations of the bankingsystem.
. Structural changes in the financial sector.