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Which committee recommended the introduction of a Liquidity adjustment facility in India?
  • a)
    R. Gandhi Committee
  • b)
    Rangarajan Committee
  • c)
    Narasimham Committee
  • d)
    SS Tarapore Committee
  • e)
    Kelkar Committee
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Which committee recommended the introduction of a Liquidity adjustment...
Narasimham Committee was set up in 1998 on structural reforms, recommending merger of banks to solve the problem of NPA.
i. It recommended the introduction of a Liquidity adjustment facility in India.
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Which committee recommended the introduction of a Liquidity adjustment facility in India?a)R. Gandhi Committeeb)Rangarajan Committeec)Narasimham Committeed)SS Tarapore Committeee)Kelkar CommitteeCorrect answer is option 'C'. Can you explain this answer?
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