Subject: Economics
Book: Comprehensive Indian Economy
India’s banking network has undergone transformations from nationalization aimed at financial inclusion, to post-1991 deregulation encouraging competition. Key pillars include the RBI’s regulatory oversight, commercial banks (public and private), regional rural banks, and cooperative banks. Topics like financial inclusion (Jan Dhan Yojana), digital payments, non-performing assets, and bank recapitalization are crucial. Prelims often test definitions—like CRR, SLR—while mains might focus on structural reforms, Basel norms, or the role of banking in economic growth. For robust exam prep, track changing regulations and government strategies to revitalize the sector in light of global financial challenges.
What is the concept of “invisible hand” associated with?
View QuestionWhat is “inclusive growth”?
View QuestionWhich of the following measures is most effective in controlling inflation?
View QuestionWhat is the main aim of the “Startup India” initiative?
View QuestionWhat does the term "depreciation" refer to in the context of assets?
View QuestionWhat does the “Human Development Index” measure?
View QuestionWhat is “currency devaluation”?
View QuestionWhat is the meaning of “supply-side economics”?
View QuestionWhat is the meaning of "fiscal deficit"?
View QuestionWhich of the following is NOT part of the World Bank Group?
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