alleryStart learning →Which committee did the RBI Governor set up in August 1991 on the financial system?
AKelkar Committee
BRangarajan Committee
CChelliah Committee
DNarasimham Committee
Answer & Solution
Correct answer: D. Narasimham Committee
The Narasimham Committee recommended lower SLR and CRR, market-set interest rates and fewer public sector banks.
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