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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
Suggest the appropriate concept/word.
The international agency dealing with international trade.
The World Trade Organization was established in ______.
Identify the incorrect pair in the set and rewrite.
Write the following statement as True or False with reason.
The World Trade Organization imposed restrictions on imports of goods.
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
Find the odd word out and rewrite:
State the appropriate concept for the given statement:
A borderless company.
State whether the following statement is true or false with reason.
Capital investment is one-way process.
India needs capital investment in ______ for its development.
State whether the following statement is true or false with reason.
Investment in consumer goods industries is essential the economic development of India.
