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Examveda

What is the purpose of forming Banks Board Bureau?
1. The bureau will recommend appointment of senior officials in public-sector banks and thus, will insulate public-sector banks from government interference.
2. The bureau will inspect the level of NPAs of public-sector banks.
3. The bureau will identify the best practices in private-sector banks and seek their implementation in public sector banks.

A. 1 only

B. 2 and 3 only

C. 1 and 2 only

D. 1, 2, and 3

Answer: Option A


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