Consider the following pairs:

How many pairs given above are correctly matched?

Solution

Pair 1 is correctly matched: Narasimham II Committee was later formed in 1998 on banking sector reforms. Pair 2 is correctly matched: The Ghosh Committee was appointed to avoid the frauds in banks and the committee submitted its report in 1991. Under the chairmanship of M.N.Gorparia a committee was appointed on customer services in banks. Pair 3 is correctly matched: The Rangarajan Committee was constituted on computerisation of the banking industry headed by Dr. C.Rangarajan in 1988. Pair 4 is incorrectly matched: Narasimham Committee gave a Report on Financial System and was set up in 1991 to examine all aspects relating to structure, organization and functioning of the Indian banking system.