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Match the following : List-I (Name of the Committee) List-II (Constituted for the purpose) (a)…

The correct match is "(a)-(ii), (b)-(i), (c)-(iv), (d)-(iii)". The Narasimham Committee was constituted for banking sector reforms ((a)-(ii)); the Malhotra Committee (1993)…

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Match the following :

List-I (Name of the Committee) List-II (Constituted for the purpose)
(a) Narasimham Committee (i) Insurance sector reforms
(b) Malhotra Committee (ii) Banking reforms
(c) Kelkar Committee (iii) Universal Banking
(d) S.H. Khan Committee (iv) Tax reforms
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Answer and explanation

Correct answer D

The correct match is "(a)-(ii), (b)-(i), (c)-(iv), (d)-(iii)". The Narasimham Committee was constituted for banking sector reforms ((a)-(ii)); the Malhotra Committee (1993) for insurance sector reforms ((b)-(i)); the Vijay Kelkar Committee (2002) for tax reforms ((c)-(iv)); and the S.H. Khan Working Group (1998) for harmonising development financial institutions and banks toward universal banking ((d)-(iii)).

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