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Narshima Rao Committee. Explain briefly. |
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Answer» Reduction in the STATUTORY Liquidity Ratio (SLR) and CASH Reserve Ratio (CRR): The NARASIMHAM Committee had recommended bringing down the statutory pre-emptions such as SLR and CRR. It recommended that SLR should be reduced to 25% over the period of time and CRR should be reduced to 10% over the period of time. |
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