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In pursuance with the recommendations of Narsimhan Committee, the RBI has framed new guidelines

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In pursuance with the recommendations of Narsimhan Committee, the RBI has framed new guidelines Answer: to govern entry of new private sector banks to make the banking sector more competitive

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This question is part of 📚 General Knowledge within the broader 🌐 Current Affairs & GK subject and appears in the DemoPaper-Pakistan preparation collection. Reviewing the answer together with nearby questions helps reinforce the underlying concept and identify how it may appear in competitive exams.