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“Prasanna Kumar Mohanty committee” was in the news recently, It is related to which among the following?
  • a)
    To Financing Infrastructure through PPP model
  • b)
    Company Law Reforms
  • c)
    Corporate structure for Indian private sector banks
  • d)
    Feminisation of Agriculture
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
“Prasanna Kumar Mohanty committee” was in the news recentl...
In News- An Internal Working Group (IWG) of the Reserve Bank of India (RBI) has submitted its report.
Option C is correct: The committee was constituted which is headed by Prasanna Kumar Mohanty, Director Central Board of RBI.
● The committee was constituted to:
  • To examine the preferred corporate structure for banks and harmonisation of norms.
  • To review the norms of long-term shareholding in banks by the promoters and other shareholders.
  • To review the eligibility criteria for individuals/ entities to apply for a banking license.
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“Prasanna Kumar Mohanty committee” was in the news recently, It is related to which among the following?a)To Financing Infrastructure through PPP modelb)Company Law Reformsc)Corporate structure for Indian private sector banksd)Feminisation of AgricultureCorrect answer is option 'C'. Can you explain this answer?
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