R.B.I.S.B. WRITTEN EXAMINATION FOR RECRUITMENT TO THE POSTS
ASSISTANT MANAGER (RAJBHASHA), GRADE ‘ A ’ PY - 2008
Translate the following para into Hindi :---
In India, the crisis has not originated in the financial sector. Much
of our banking and insurance sector is state-owned. It does not have
any meaningful international exposure due to capital controls and had
been restrained in its financing of real estate and the capital markets.
Only the NBFCs sector and the Mutual Funds were hit and the NBFCs
more because of the regulatory imposed asset liability mismatch in their
balance sheets. While 2009 will see an increase in NPAs and lower
investment profits for insurers, India will witness nothing of the chaos
that is unfolding in the west. The rapid reversal, late last year, of
FII flows required to meet redemption pressures abroad led first to a
liquidity crisis followed by a credit crisis in India.
courstey : RBISB