Question : Based on the recommendations of which Committee was the creation of a separate category for NBFCs operating in the microfinance sector (NBFC-MFI) done?
Option 1: Narasimham Committee
Option 2: Malegam Committee
Option 3: Deepak Parekh Committee
Option 4: P. K. Mohanty Committee
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Correct Answer: Malegam Committee
Solution : The correct answer is the Malegam Committee.
Yezdi Hirji Malegam was the chairman of the Malegam committee. He was a chartered accountant and banker. The committee was tasked with reviewing the existing framework for the classification and reporting of MSMEs and suggesting measures for enhancing credit flow to the sector.
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Question : The committee headed by Radhakrishna recommended ____________.
Option 1: the initiation of Regulatory Policy for Microfinance Institutions.
Option 2: the creation of Project EShakti.
Option 3: the initiation of the National Rural Livelihood Mission.
Option 4: the creation of RRBs.
Question : _______ recommended a change in the structure and working of BCCI.
Option 1: Lodha committee
Option 2: Parekh committee
Option 3: Sena committee
Option 4: Akhil committee
Question : Which committee was established on Criminal-Politician and Bureaucratic nexus?
Option 1: Vohra Committee
Option 2: Indrajit Gupta Committee
Option 3: Tarkunde Committee
Option 4: Santhanam Committee
Question : Parts of the following sentence have been given as options. Select the option that contains an error. The committee was divided on the issue, and neither side were willing to compromise on the compensation amount to be given.
Option 1: and neither side were willing to
Option 2: amount to be given
Option 3: compromise on the compensation
Option 4: The committee was divided on the issue
Question : The committee to 'Operationalise the Suggestions to Teach Fundamental Duties to the Citizens of the Country' is popularly known as the_____________.
Option 1: L. P. Singh committee
Option 2: Abhijit Sen committee
Option 3: Paul Appleby committee
Option 4: J. S. Verma Committee
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