Which of the following committee have NOT recommended the consolidation of Public Sector Banks?
Show answer & explanation
Correct answer: D
Explanation
Correct Answer:
Option 4: Tendulkar Committee
Explanation:
The Tendulkar Committee was constituted to study poverty estimation and measurement in India. Its focus was on defining the poverty line based on consumption expenditure. It did not make any recommendations regarding the consolidation or merger of Public Sector Banks. On the other hand, the Narasimham Committee focused on banking sector reforms, including restructuring and consolidation of banks. Therefore, this question tests the understanding of the functions of different committees, which is important for exams.
Additional Facts:
Option 1: Narasimham Committee recommended banking reforms and consolidation.
Option 2: Leeladhar Committee is related to banking sector issues.
Option 3: Nayak Committee also worked on banking sector reforms.
Probable Exam Questions:
Q: Tendulkar Committee is related to what?
A: Poverty estimation
Q: Narasimham Committee is associated with which sector?
A: Banking reforms
Q: Which committee defines poverty line in India?
A: Tendulkar Committee
Q: When did major banking reforms begin in India?
A: After 1991