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Financial sector reforms aim to change the RBI's role from regulator to:

ASole lender
BBank owner
CChief auditor
DFacilitator
Answer & Solution
Correct answer: D. Facilitator
1. Banks were to decide more on their own. 2. The RBI would guide rather than dictate. 3. The new role is facilitator. _Source: syllabus Economics, Indian Economic Development, Chapter 3, Liberalisation, Privatisation and Globalisation._
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