It takes the average reader 3 hours and 36 minutes to read Management Of Financial Reform by K.S. Ramachandran
Assuming a reading speed of 250 words per minute. Learn more
The Committee Hardly Even Look Beyond All The Fraudulence That Was Reported. The Lesions For The Future Were Simply Ignored. While A Lot Of Fraud Was Committed, What Was Important For Posterity Was How The Financial Sector Could Perform More Professionally Than Was Suggested By The Massive Irregularities In Securities Transactions. Under Liberalization, The Scope For Irregularities Was Greater Than Under Tight Regulation. One Must Say This Despite The Obvious Policy Failures Of Rbi And The Union Finance Ministry And The Glaring Fact All The Cheating Had Taken Place With The Rbi Watching.The Government Is Committed To De-Regulation Of This Critical Segment Of The Indian Economy And It Cannot Say No To Letting The Various Financial Entities To Their Business With A Substantial Measure Of Freedom. While The Reserve Bank Might Still Be Around And Send Circulars And Lay Down Rules The Do S And Don Ts From Time To Time And The Additional Monitoring Machinery The Board For Dealing With Frauds Prompted By The Scan, Generally One Can Expect The Banks And Other Financial Institutions To Function Largely On Their Own, With Fewer Controls. Thus, The Jpc S Prime Task Should Have Been To Tell The Government And The Different Constituents Of The Financial Sector How They Should Exercise The New Found Freedom. After All, The Line Of Distinction Between Innovations And Fraud Is A Thin One And Financial Agencies The World Over Walk On The Razor S Edge As It Were.The Essence Of Good Management Lies In Not Either Cutting One S Face Or Failing Down. So Far, The Rbi, And To That Extent, The Government Relied On The Utmost Discretion Exemplified Particularly By The Rules Governing Transactions In Securities And Use Of Bankers Receipts. That These Were Violated As A Matter Of Course Was Another Thing. But, Under A Regime Of De-Regulation, Discretion Will Largely Be For The Diverse Players To Lay Down And To Practice.
Management Of Financial Reform by K.S. Ramachandran is 209 pages long, and a total of 54,131 words.
This makes it 71% the length of the average book. It also has 66% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 4 hours and 55 minutes to read Management Of Financial Reform aloud.
Management Of Financial Reform is suitable for students ages 12 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
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