Directions: Choose the correct option for the given question:
On the recommendation of Jankiraman Committee, a committee was constituted for improving transaction method of public sector bonds and mutual funds. This committee was...........
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Nadkarni committee
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Nayak committee
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Goiporia committee
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Tikku committee
A
Correct answer
Explanation
The Jankiraman Committee, which examined the 1992 securities scam, recommended several measures to improve bond and mutual fund transactions. Based on these recommendations, the Nadkarni Committee was constituted to specifically address transaction methods in public sector bonds and mutual funds. This was part of broader financial sector reforms following the scam.