Economics • Banking & FinanceEasy
Which committee was constituted by the Reserve Bank of India to review and propose measures for strengthening the governance of boards of banks in India?
A. P. J. Nayak Committee✓ Correct Answer
B. Narasimham Committee
C. Urjit Patel Committee
D. Raghuram Rajan Committee
💡 Solution & Explanation
The P. J. Nayak Committee was constituted by the Reserve Bank of India to review the governance of boards in public and private sector banks and recommend structural reforms. The Narasimham Committee dealt with broader financial sector reforms in the 1990s.
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