Financial Awareness - Risk, Stability & Emerging Finance
Which of the following committees was NOT directly related to banking sector reforms in India?
Which of the following committees was NOT directly related to banking sector reforms in India?
medium Q14 of 15
Step-by-Step Solution
Step 1: Understand committee domains
Narasimham Committees focused on banking reforms; Verma Committee on banking fraud; Rangarajan Committee on monetary policy.Step 2: Identify the committee unrelated to banking reforms
Rangarajan Committee dealt mainly with monetary policy and financial markets, not direct banking reforms.Final Answer:
Rangarajan Committee → Option BQuick Check:
Rangarajan Committee = monetary policy, not banking reforms ✅
Quick Trick: Rangarajan = monetary policy, not banking sector.
Common Mistakes:
- Assuming Rangarajan Committee focused on banking reforms.
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