Indian Economy
The annual yield from which of the following Union Government taxes is the highest?

Inheritance tax, wealth tax, interest tax and gift tax
Corporation tax and income tax
Custom duties
Excise duties

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Indian Economy
In pursuance with the recommendations of Narsimham Committee, the RBI has framed new guidelines

to setup more foreign exchange banks
to lend more easily for industrial development
to govern entry of new private sector banks to make the banking sector more competitive
to reduce the freedom given to banks to rationalize their existing branch network

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