Q. Which of the following committee is related to banking sector reforms?
Explanation: Narasimham is the most powerful banker of India post-independence.
- The way his reports – Narasimham Committee on Financial System (1991) and the Narasimham Committee on Banking Sector Reforms (1998) transformed the functionality of the Indian Banking sector is commendable.
- He is also known for pioneering historical events such as bank mergers, asset reconstruction firms and the emergence of new-generation private banks.
Source: TMH Ramesh singh