The Narasimham Committee - 1991 has given which ofthe following major recommendations?I. Reduction in the SLR and CRR.II. Phasing out Directed Credit Programme.III. The determination of the interest rate should be onthe grounds of market forces such as the demand for andthe supply of fund.IV. The actual numbers of public sector banks need to bereduced.V. Narrow banking concept where weak banks will beallowed to place their funds only in short-term and riskfree as.Select the correct answer using the codes given below:

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The Narasimham Committee - 1991 has given which ofthe following major recommendations?I. Reduction in the SLR and CRR.II. Phasing out Directed Credit Programme.III. The determination of the interest rate should be onthe grounds of market forces such as the demand for andthe supply of fund.IV. The actual numbers of public sector banks need to bereduced.V. Narrow banking concept where weak banks will beallowed to place their funds only in short-term and riskfree as.Select the correct answer using the codes given below: