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Prudential norms on income recognition follow the recommendations of the:

ANarasimham Committee
BNachiket Committee
CNayak Working Group
DNair Working Group
Answer & Solution
Correct answer: A. Narasimham Committee
1. The norms were brought in to match international practice. 2. They came from the Committee on the Financial System. 3. That committee was chaired by Shri M. Narasimham. _Source: RBI Master Circular, Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances_
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