Therefore, the economic and banking policies were to be reversed to suit the requirements of a liberalized economy. The banking sector reform became inevitable to accelerate the pace of reforms to usher in a vibrant and competitive economy. An expert Committee under the Chairmanship of Shri M. Narasimham (a former Governor of RBI) was set up for spearheading the financial sector reform in India.
Conclusion Queenslanders have shown their resilience and adaptability this year in the face of extraordinary events. People from elsewhere in Australia have nothing but admiration for you.