Multiple choice

M. Narasirnham headed:

  1. The working group constituted by the Government of India in July 1975 for the establishment of Regional Rural Banks

  2. The committee on the financial system,

  3. The committee on Banking Sector Reforms, 1997

  4. All of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

M. Narasimham chaired all three: the 1975 working group on Regional Rural Banks, the 1991 Committee on Financial System (which recommended major banking reforms), and the 1998 Committee on Banking Sector Reforms. He was a key architect of India's financial liberalization. While the 1997 committee date in option C might have a slight discrepancy, option D (All of the above) is correct as he led multiple high-level banking committees.

Keep practicing — related questions