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प्रश्न
Briefly describe the changes that have taken place in the banking sector due to globalization.
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उत्तर
Reduction in entry barriers in the banking sector led to an increase in the number of participants like several new private banks and foreign banks which led to an increase in efficiency and competition in the market.
The government also strengthened the private sector banks by lending its capital to them and also enabling them to raise capital from the public. The functional autonomy of private sector banks was also considerably increased.
संबंधित प्रश्न
Explain the co-relation between the following.
GATT and WTO
Identify the incorrect pair in the set and rewrite.
Explain the concept of 'globalisation' and explain the changes that have taken place in the economic sector due to globalisation based on the following points.
A) Free flow of capital investment
B) Changes in the concept of trade
C) The rise of transnational companies
State the appropriate concept for the given statement:
International treaty (1995) regarding goods and services.
State whether the following statement is true or false with reason.
Globalisation has not benefited the small farmers in India.
Identify the incorrect pair in the set and rewrite.
Identify the incorrect pair, correct it, and rewrite:
India is a developing country because ______.
Explain the co-relationship between the following:
Globalisation and National economy
What is a Transnational Corporation?
