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Financial System Reforms in India | Reforms in Indian Financial System | Kya hai ye 1991 Reforms

The financial system reforms in India were accompanied by economic reforms of 1991. To support economic growth, the country requires financial system that supports and stimulates the growth. Objectives of Financial System Reforms: To remove structural rigidities and inefficiencies To efficiently channelize and allocate resources To improve efficiency, stability and integrate the various components of financial system. Provide operational and functional autonomy to institutions Prepare the financial system for increasing international competition Easing of capital controls to give Indian firms access to foreign capital The financial system reforms can be broadly classified into three categories: Banking Sector Reforms Capital Market Reforms Foreign Exchange Market Reforms Financial System Reforms ke do phases the: 1. first phase me financial system ko efficient, productive aur profitable bnane me jor diya gya. Institutions ko decision me flexibility di gyi and financial autonomy provide ki gyi. 2. Next phase me focus tha financial system ko strengthen krna aur structural improvements krne ka Read about complete article on Financial System Reforms in India at https://www.papertyari.com/general-aw... Install GroMo app and earn over ₹1 Lakh per month by selling financial products like Credit Cards, Insurance, Demat Accounts, Saving Account and more. Get upto ₹3,000+ commission on every sale. Download GroMo now https://gromo.page.link/3pbmqc5AQjJLB... Enter our Referral code on signup: W0G15793 Join our Telegram Channel: https://t.me/crackrbigradeb Follow RBI Grade B Course: https://www.papertyari.com/rbi-grade-b/ Follow SEBI Grade A Course: https://www.papertyari.com/sebi-grade-a/ Follow NABARD Grade A Course:https://www.papertyari.com/nabard-gra... Follow JAIIB Page: https://www.papertyari.com/jaiib/ Facebook:   / papertyari   Twitter:   / papertyari   Instagram:   / papertyari   Watch our other videos: Financial System:    • Financial System Explained | Indian F...   Balance Sheet Explained:    • Balance Sheet Explained | Assets and ...   Financial Statements:    • Financial Statements of Company | Typ...   Regulators of Banks and Financial Institutions in India:    • Regulators of Banks and Financial Ins...   Functions of RBI:    • Functions of RBI | Functions of Reser...   What is Monetary Policy:    • Monetary Policy Instruments | Monetar...   Monetary Policy Committee:    • Monetary Policy Committee (MPC) | Mon...   Functions of SIDBI:    • SIDBI Functions Explained | Small Ind...   Depository System in India:    • Depository System in India Explained ...   #SEBI2022 #RBIGradeB2022 #EconomicAndSocialIssues #FinancialReforms

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