Question : Which committee recommended the establishment of the Rural Infrastructure Development Fund (RIDF)?
Option 1: Rangarajan Committee
Option 2: Abhijit Sen Committee
Option 3: B.K. Chaturvedi Committee
Option 4: Narasimham Committee
Correct Answer: Narasimham Committee
Solution : The correct answer is (d) Narasimham Committee.
The Narasimham Committee, headed by M. Narasimham, recommended the establishment of the Rural Infrastructure Development Fund (RIDF). The committee was constituted by the Reserve Bank of India (RBI) in 1991 to examine and suggest reforms for the Indian financial sector.
While the Narasimham Committee focused primarily on financial sector reforms, it also recommended the establishment of the RIDF as a dedicated fund to finance rural infrastructure development projects. The RIDF was subsequently created by the RBI in 1995, based on the committee's recommendations.
The RIDF is managed by the National Bank for Agriculture and Rural Development (NABARD) and provides low-cost loans for the development of rural infrastructure, including irrigation projects, rural roads, electrification, and other related initiatives.
Question : Which committee recommended the establishment of the Rashtriya Krishi Vikas Yojana (RKVY)?
Option 1: Montek Singh Ahluwalia Committee
Option 2: Rangarajan Committee
Option 3: M.S. Swaminathan Committee
Option 4: B.K. Chaturvedi Committee
Question : Which committee recommended the formation of the District Rural Development Agency (DRDA) in India?
Option 1: Gadgil Committee
Option 2: Dantwala Committee
Option 3: Narasimham Committee
Option 4: Rangarajan Committee
Question : Which committee recommended the establishment of District Rural Development Agencies (DRDAs)?
Option 2: Mahalanobis Committee
Option 3: Balwantrai Mehta Committee
Option 4: Ashok Mehta Committee
Question : Which committee recommended the establishment of the National Bank for Agriculture and Rural Development (NABARD)?
Option 1: Narasimham Committee
Option 3: Shivaraman Committee
Option 4: Malhotra Committee
Question : What is the full form of RIDF?
Option 1: Rural Infrastructure Development Forum
Option 2: Road Infrastructure Development Fund
Option 3: Rural Infrastructure Development Fund
Option 4: Rural Industries Development Fund
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