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Question : Which committee recommended the establishment of the National Bank for Agriculture and Rural Development (NABARD)?

Option 1: Narasimham Committee

Option 2: Rangarajan Committee

Option 3: Shivaraman Committee

Option 4: Malhotra Committee


Team Careers360 10th Jan, 2024
Answer (1)
Team Careers360 18th Jan, 2024

Correct Answer: Shivaraman Committee


Solution : The correct answer is (c).

The Narasimham Committee was a committee of experts that was set up by the Government of India in 1991 to review the functioning of the Indian financial system. The Rangarajan Committee was a committee of experts that was set up by the Government of India in 2008 to review the monetary policy framework in India. The Malhotra Committee was a committee of experts that was set up by the Government of India in 2015 to review the financial inclusion framework in India.

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