A high-level committee has been constituted by the Reserve Bank of India which has set the target of providing financial services to every village by March 2011.Who among the following is heading this committee?
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Usha Thorat
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Yaga Venugopal Reddy
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K. P. Singh
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R. S. Sharma
A
Correct answer
Explanation
Usha Thorat, former Deputy Governor of RBI, chaired the high-level committee constituted by the Reserve Bank of India to provide financial services to every village by March 2011. This committee was part of RBI's financial inclusion drive to expand banking reach in unbanked rural areas through various initiatives like no-frills accounts and BC/BF model.