Financial sector is controlled through various rules and regulations of RBI. (True/ False)
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True.Explanation:
Financial sector is controlled through various rules and regulations of RBI. The major aim of this reform is to reduce the role of RBI from regulator to facilitator. Financial sector is allowed to take decisions on many matters without consulting RBI.
Financial sector is controlled through various rules and regulations of RBI. The major aim of this reform is to reduce the role of RBI from regulator to facilitator. Financial sector is allowed to take decisions on many matters without consulting RBI.
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