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प्रश्न
Briefly describe the changes that have taken place in the banking sector due to globalization.
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 consolidation of the world economy means ______.
The change in the economic sector due to globalisation is ______.
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.
Identify the incorrect pair in the set and rewrite.
Find the odd word out and rewrite:
In ____ GATT was replaced by WTO.
State whether the following statement is true or false with reason.
Globalisation has not benefited the small farmers in India.
India is a developing country because ______.
