Multiple choice

The Kirit Parikh committee appointed by the government is working on which of the following issues?

  1. Minimum Support Prices of foodgrains

  2. Pricing of petroleum products

  3. Pricing of nitrogenous fertilisers

  4. Revision of the list of products reserved for the small scale industry

  5. Pricing of initial public offers in stock markets
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The previous two committees on this issue were chaired by Dr C Rangarajan and B K Chaturvedi. The Kirit Parikh committee is looking into the large-scale misuse of fuel subsidies on petrol, diesel, kerosene and cooking gas, amounting to more than Rs 1, 03,000 crore in 2008-09.

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