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    Question

    Which of the following Committee in the late 1990s

    recommended consolidation through a process of merging strong banks?
    A Narasimham Committee Correct Answer Incorrect Answer
    B Santalam Committee Correct Answer Incorrect Answer
    C Kelkar Committee Correct Answer Incorrect Answer
    D None of these Correct Answer Incorrect Answer

    Solution

    It was the Narasimham Committee in the late 1990s that recommended consolidation through a process of merging strong banks. There are too many banks in India with sizes that are minuscule by global standards with their growth constricted by their inability to expand.

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