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Which committee was formed to address the issue of Non-Performing Assets (NPAs) in Indian banks?
  • a)
    Tandon Committee
  • b)
    Gadgil Committee
  • c)
    Narasimham Committee
  • d)
    Kelkar Committee
  • e)
    FSLRC Committee
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Which committee was formed to address the issue of Non-Performing Asse...
The Narasimham Committee, constituted in 1991, played a crucial role in addressing the issue of NPAs in Indian banks. The committee, headed by M. Narasimham, submitted two reports known as the Narasimham Committee Reports. These reports provided recommendations to enhance the efficiency and stability of the Indian banking system, including measures to tackle NPAs.
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Which committee was formed to address the issue of Non-Performing Assets (NPAs) in Indian banks?a)Tandon Committeeb)Gadgil Committeec)Narasimham Committeed)Kelkar Committeee)FSLRC CommitteeCorrect answer is option 'C'. Can you explain this answer?
Question Description
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